________ represent values of a variable that are unknown, either because respondents provided ambiguous answers or their answers were not properly recorded

A) Missing responses
B) Inconsistent responses
C) Out-of-range values
D) Invalid responses
E) Edits

A

Business

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The excess interest provision in life insurance means that the cash value will increase:

A) faster than the guaranteed rate if the insurer actually earns a greater return than the guaranteed rate B) faster than the guaranteed rate even if the insurer does not earns a greater return than the guaranteed rate C) faster than it would with a universal or variable life policy D) slower than the guaranteed rate

Business

Which of the following actions would an organization take if it decides to pursue a best-cost provider strategy?

A) offering the best prices in its industry on its goods and/or services B) attempting to gain monopoly in the market by means of an unhealthy competition C) offering products or services of reasonably good quality at competitive prices D) providing high quality products at low prices in specific markets E) offering low quality products at low prices with high quality after-sales services

Business