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Gary Is a Researcher Interested in Self-Esteem

question 27

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Gary is a researcher interested in self-esteem. He develops an instrument he names the "I am great questionnaire." He administers the survey and collects information from 500 middle school learners. He calculates a self-esteem score for each child in the study and then groups the students as low, medium, or high self-esteem. Given this scenario please answer the following questions.
-The instrument that Gary developed is an example of _______________ an) assessment.


Definitions:

Strike Price

The predetermined price at which a call option can be purchased or a put option can be sold upon exercise.

Debt

Money that is owed or due to be paid to someone else, typically as loans or bonds.

Time Value

The concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Option's Market Price

The prevailing price at which an options contract is traded on the market, determined by factors like intrinsic value and time value.

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