Question

What is the level of measurement for the following: (Income less that $20000, 20,000 to $49,999, $50,000 to $99,000, $100,000 to 299,000, $300,000 to 499,000, $50,000 and above)?

Answer 1

Ratio scale

Step-by-step explanation:

Ratio scale is a type of variable measurement scale that is quantitative in nature. Ratio scale allows any researcher to compare the intervals or differences. Ratio scale is the 4th level of measurement and possesses a zero point or character of origin. This is a unique feature of a ratio scale. For example, the temperature outside is 0-degree Celsius. 0 degree doesn’t mean it’s not hot or cold, it is a value.