How Would You Use the Drop-Down Menus in SPSS to Generate

question 9

Multiple Choice

How would you use the drop-down menus in SPSS to generate a frequency table?

• A) Open the output viewer and click on Save As → Pie Chart
• B) Click on Analyze → Descriptive Statistics → Frequencies
• C) Click on Graphs → Frequencies → Pearson
• D) Open the variable viewer and recode the value labels

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Definitions:

Price Elastic

The responsiveness of the demand for a product or service to changes in its price, affecting sales volume and revenue.

Quantity Demand

The total amount of a product or service that consumers are willing to purchase at a given price over a specified period.

Monopolistic Competition

A market structure combining elements of monopoly and competitive markets, where many sellers offer slightly differentiated products.

Differentiated Products

Goods or services that are distinguished from others in the market by unique features, quality, or brand.