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Respondents Have Been Asked to Express Their Degree of Agreement

question 52

Multiple Choice

Respondents have been asked to express their degree of agreement with a series of lifestyle statements on a 1-to-5 scale,assuming that 9 has been designated for missing values,data values of 0,6,7,and 8 are out of range.Where in the data cleaning process might any out-of-range data be caught?

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Definitions:

Extraordinary Gains

Profits from events or transactions that are both unusual in nature and infrequent in occurrence, though this distinction has been eliminated in current accounting practices.

Pretax Loss

The loss a company incurs before taxes are deducted.

Pretax Gain

The profit a company has made before any taxes have been applied.

Tax Rate

The rate at which income is taxed for a person or a business entity.

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