For this Knowledge Assessment, you perform test item analysis on the MoneyData dataset provided in the Week 2 Learning Resources.
The data file includes a six-item scale to measure financial risk-taking tendencies:
R1: I’d rather run my own business than work for someone else
R2: I don’t mind risking large amounts of money if there is a good chance I can come out ahead
R3: I’m willing to take real chances to get ahead financially
R4: I get bored unless I’m taking some risks with my career
R5: Being too conservative with your investments can cause financial problems
R6: Running a business is something that I think of as interesting and exciting
QUESTION 1
QUESTION 2
QUESTION 3
QUESTION 4
QUESTION 5
*a paper isn’t needed. just answer the 5 questions correctly and that is it, thanks!
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