Application Software Can Be Categorized as Either General-Purpose, Specialized, or _______

question 1

Short Answer

Application software can be categorized as either general-purpose, specialized, or _______ apps.

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Definitions:

Independent Variable

A variable in an experiment or study that is manipulated or changed to observe its effects on the dependent variable.

Dependent Variable

A variable in an experiment or study whose changes are determined by the presence or variation of one or more independent variables.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Investment

The allocation of capital to purchase assets or securities with the expectation of generating future profits or income.