Identify the Data Setʹs Level of Measurement

question 17

Multiple Choice

Identify the data setʹs level of measurement.
-the data listed on the horizontal axis in the graph

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

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Definitions:

Depreciation Method

A systematic approach used to reduce the carrying amount of a tangible or intangible asset over its useful life.

Level Of Use

Level of use refers to the degree or extent to which a resource, service, or facility is utilized.

Salvage Value

The estimated residual value of an asset at the end of its useful life.

Double Declining-Balance Depreciation

An accelerated depreciation method that doubles the rate of straight line depreciation.