The Level of Measurement That Will Allow Researchers to Perform

question 41

Multiple Choice

The level of measurement that will allow researchers to perform common arithmetic operations on the numbers is:

• A)nominal.
• B)ordinal.
• C)interval.
• D)all of the answers are levels of measurement that will allow researchers to perform common arithmetic operations on the numbers.

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Definitions:

Gini Coefficient

A number that summarizes a country’s level of income inequality based on how unequally income is distributed across quintiles.

Income Inequality

The unequal distribution of household or individual income across the various participants in an economy.

Ability-to-pay Principle

A tax principle that suggests taxes should be levied according to an individual or entity's capacity to pay, reflecting their income or wealth.

Transfer Payments

Payments made by governments to individuals or other entities without the expectation of a direct return or the provision of goods or services, such as social security benefits or subsidies.