BUSN11 Module 4 Questions with
Correct Answers
Identify a true statement about subprime mortgage loans. - Answer-They are lent to
borrowers with high debt-to-income ratios.
In most nations, the unemployment rate includes only individuals over the age of 21
who were involuntarily laid off or terminated from their previous jobs. - Answer-False
_________ refers to Federal Reserve decisions that shape the economy by influencing
interest rates and the supply of money. - Answer-Monetary Policy
The discount rate is the interest rate the Fed charges on its loans to commercial banks.
- Answer-True
When the sum of the lowest data value and the highest data value is divided by 2, the
measure is called the _________. - Answer-Midrange
When the mean is computed for individual data, all values in the data set are used. -
Answer-True
A single, extremely large value can affect the median more than the mean. - Answer-
False
One disadvantage of the median is that it is not unique. - Answer-False
P50 corresponds to - Answer-Q2
A group of subjects selected from the group of all subjects under study is called a(n)
___________. - Answer-sample
The four basic sampling methods are - Answer-Random
Systemic
Cluster
Stratified
A study that involves no researcher intervention is called - Answer-an observational
study
Correct Answers
Identify a true statement about subprime mortgage loans. - Answer-They are lent to
borrowers with high debt-to-income ratios.
In most nations, the unemployment rate includes only individuals over the age of 21
who were involuntarily laid off or terminated from their previous jobs. - Answer-False
_________ refers to Federal Reserve decisions that shape the economy by influencing
interest rates and the supply of money. - Answer-Monetary Policy
The discount rate is the interest rate the Fed charges on its loans to commercial banks.
- Answer-True
When the sum of the lowest data value and the highest data value is divided by 2, the
measure is called the _________. - Answer-Midrange
When the mean is computed for individual data, all values in the data set are used. -
Answer-True
A single, extremely large value can affect the median more than the mean. - Answer-
False
One disadvantage of the median is that it is not unique. - Answer-False
P50 corresponds to - Answer-Q2
A group of subjects selected from the group of all subjects under study is called a(n)
___________. - Answer-sample
The four basic sampling methods are - Answer-Random
Systemic
Cluster
Stratified
A study that involves no researcher intervention is called - Answer-an observational
study
