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Reference no: EM13245004

Suppose you are tasked to develop a section of the survey measuring "home mortgage debt" in which survey respondents are asked questions about whether they have a home mortgage and, if so, various details regarding their mortgage.

a. Construct four questions, each question reflecting one of the four corresponding levels of measurement, that a mortgagor (borrower) would answer relevant to their home mortgage.

b. Furthermore, for each question constructed, indicate the appropriate univariate statistic appropriate to the level of measurement. Explain your answer well.

Reference no: EM13245004

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