Determine the Level of Measurement of the Variable

question 79

Multiple Choice

Determine the level of measurement of the variable.
-the native language of a tourist

• A) nominal
• B) ratio
• C) ordinal
• D) interval

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Definitions:

Automobile Finance Company

A financial institution that provides loans to individuals or businesses specifically for the purpose of purchasing automobiles.

Market Signals

Indicators or signs that guide economic actors to make decisions based on current market conditions.

Moral Hazard

A situation where one party is more likely to take risks because they do not bear the full consequences of those risks.

Warranties

Guarantees issued by a manufacturer or seller to a buyer, promising to repair or replace a product if it fails within a certain period of time.