What Additional Information Is Obtained by Measuring on an Interval

question 54

Multiple Choice

What additional information is obtained by measuring on an interval scale as compared to an ordinal scale?

• A) whether the measurements are the same or different
• B) the direction of the differences
• C) the size of the differences
• D) which measure is the most accurate

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Definitions:

Total Float

The total amount of time that a project task can be delayed without causing a delay to subsequent tasks or the project's final deadline.

Cheques

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer from the drawer's account.

Clearing Times

The time period required for the settlement of financial transactions, from the moment of initiation to finalization.