asked 209k views
5 votes
Identify the level of measurement for this type of data, "Measuring an income as a range: $0-$999, $1000-$1999, $2000-$2900, ..."

a) Ratio
b) Interval
c) Ordinal
d) Nominal

asked
User Doboy
by
8.3k points

1 Answer

7 votes

Final answer:

The level of measurement for income measured as a range is 'Ratio' because it includes a natural order, meaningful differences, and a true zero point, allowing for ratio comparisons.

Step-by-step explanation:

When we talk about measuring income as a range, such as "$0-$999, $1000-$1999, $2000-$2900, ...", we are considering the level of measurement for this type of data. Income measured in such ranges indicates both a natural ordering and the ability to make meaningful comparisons of magnitudes, as well as a clear starting point of zero, which allows for the comparison of ratios. Therefore, the correct level of measurement for this data is Ratio level, as it satisfies all the conditions: there is a true zero point, the data can be ordered, differences have meaning, and it is possible to say how many times higher one is than another.

answered
User Frodyne
by
7.3k points
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