How to change default Option List item Attribute Set

[sportame]

I created an Attribute Set. I would like to know if I can change the default option list item wording in the Admin Panel's backend? See screen shot --> https://drive.google.com/open?id=0Bytqhoir_Tt5SG9BVWdUQ0dhY1U

[sportame · Accepted solution]

see answer at Stackexchange