If We Measured the Mass of Subjects and Then Placed

question 21

Multiple Choice

If we measured the mass of subjects and then placed these observed individuals into groups with the labels "light," "medium," and "heavy," what type of variable have we created for our sample?

• A) Ordinal categorical
• B) Ordinal quantitative
• C) Nominal categorical
• D) Nominal quantitative

---

Definitions:

Lease Payments

Regular payments made by the lessee to the lessor for the use of an asset.

Net Advantage

The beneficial difference or surplus resulting from comparing two or more options or situations, often used in evaluating financial decisions.

Taxes

Compulsory financial charges or levies imposed by a government on individuals, businesses, or other entities to fund government spending and services.

Lease

A contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset for a specified period of time.