A(n) ________ Variable Is a Qualitative Variable Such That There

question 48

Multiple Choice

A(n) ________ variable is a qualitative variable such that there is no meaningful ordering or ranking of the categories.

• A) ratio
• B) ordinal
• C) nominative
• D) interval

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Definitions:

Variance Of Return

A statistical measure of the dispersion of returns for a given security or market index, quantifying the volatility or risk associated with investing in it.

Put Option

A put option is a financial contract that gives the holder the right to sell an asset at a specified price within a specific time period.

American Put Option

A type of put option that can be exercised at any time before its expiration date, allowing the holder to sell the underlying asset at the strike price.

Underlying Asset

The financial asset upon which a derivative's value is based, such as stocks, bonds, commodities or currencies.