At the End of a Semester College Students Evaluate Their

question 38

Multiple Choice

At the end of a semester college students evaluate their instructors by assigning them to one of the following categories: Excellent, Good, Average, Below Average, and Poor. The measurement scale is a(n)

• A) ratio scale.
• B) ordinal scale.
• C) interval scale.
• D) nominal scale.

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Definitions:

Minimum Required

The least amount that must be maintained or achieved in a specific scenario, such as a bank balance or stock level.

Screening Decision

A decision as to whether a proposed investment project is acceptable.

Internal Rate

Often referred to as the internal rate of return (IRR), it is a rate of return used in capital budgeting to measure and compare the profitability of investments.

Cash Flows

The cumulative sum of funds moving into and away from a company, influencing its ability to cover short-term obligations.