An official in the financial office is considering an applicant for financial aid. The officer uses the following process. If the student has a GPA in the 90th percentile among the admission group, 5 points are added. If the student has an ACT or SAT score in the 90th percentile among the admission group, 5 points are added. If the student comes from a family whose cumulative household income was less than $60,000/year for the last 3 years, 8 points are added. If the student is from out of state, 5 points are added. What variables are being used to determine eligibility for this financial aid? What would your approximate score be on this scale? Is it best described as an index or a composite scale? Explain your response.
Answer to relevant QuestionsHow have technology and internationalization affected marketing research? What is the definition of an integrated marketing mix? How might this affect the research a firm conducts? Design a short telephone survey interview form that measures what types of programs residents of Peoria would like to see available through DIRECTV. What is back translation? A telephone interviewer asks, “I would like to ask you about race. Are you Native American, Hispanic, African-American, Asian, or white?”After the respondent replies, the interviewer says, “We have conducted a large ...
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