A Market Research Analyst Has Asked Consumers to Rate the Appearance

question 22

Multiple Choice

A market research analyst has asked consumers to rate the appearance of a new package on a scale of 1 to 5.A 1 means that the appearance is awful while a 5 means that it is excellent.The level of this data is usually considered ___.

• A)interval level data
• B)ordinal level data
• C)nominal level data
• D)ratio level data
• E)relative level data

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Definitions:

Statistical Arbitrage

A quantitative approach to equity trading involving complex statistical models to identify price inefficiencies between pairs of securities.

Directional Strategy

An investment approach that involves taking long or short positions based on predictions of market or security movement direction.

Management Fees

Management fees are charges levied by investment managers for the administration and operation of an investment fund, typically a percentage of the fund's assets.

Merger Arbitrage

An investment strategy that aims to profit from the price discrepancies that occur before and after a merger or acquisition is announced and completed.