"The Measurement Level on Which a Variable Is Measured Is

question 9

Multiple Choice

"The measurement level on which a variable is measured is of great influence on the possibilities that a researcher has to further describe these variables and thereby also determines the value of the data." In light of this remark,indicate which of the following measurement levels provides the most valuable data for a variable.

• A)Nominal.
• B)Ordinal.
• C)Interval.
• D)Ratio.

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Definitions:

Line of Credit

A flexible loan from a bank or financial institution that offers a borrower the ability to draw funds as needed, up to a specified limit.