Determine the Level of Measurement of the Variable

question 38

Multiple Choice

Determine the level of measurement of the variable.
-weight of rice bought by a customer

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

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Definitions:

Screening Tool

A method or instrument used to assess or evaluate certain characteristics in individuals or scenarios, often used in healthcare, employment, and research.

Net Present Value

Net Present Value calculates the difference between the present value of cash inflows and the present value of cash outflows over a period, used to assess the profitability of investments.

Internal Rate

Often related to the internal rate of return (IRR), it is the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Cost Of Capital

The rate of return that a company must earn on its project investments to maintain its market value and attract investors.