The Main Difference Between an Interval and a Ratio Scale

question 60

Multiple Choice

The main difference between an interval and a ratio scale is that an interval scale

• A)is used only for placing participants into categories
• B)does not have a true zero point
• C)does not preserve a rank order in the assignment of numbers
• D)has equal intervals between numbers

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Definitions:

Itemized Deduction

Expenses allowed by the IRS that can be subtracted from AGI to reduce taxable income, as opposed to taking a standard deduction.

Credit Cards

Financial instruments issued by banks allowing users to borrow funds to pay for goods and services with the agreement to repay the bank at a later date.

Medical Expense

Expenditures associated with the identification, cure, alleviation, management, or prevention of diseases, along with treatments that influence any aspect or functionality of the body.

Insulin

A hormone produced in the pancreas essential for regulating blood sugar levels, often administered medically to individuals with diabetes.