What Scale of Measurement Is Being Used When a Teacher

question 26

Multiple Choice

What scale of measurement is being used when a teacher measures the number of correct answers on a quiz for each student?

• A)Nominal
• B)Ordinal
• C)Interval
• D)Ratio

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Definitions:

Interest Rates

Interest rates are the cost of borrowing money or the return for saving and depositing money, typically expressed as a percentage.

Zero-Coupon Bonds

Bonds that do not pay periodic interest payments but are issued at a substantial discount to their face value, maturing at par.

Coupon Rate

The annual interest rate paid by a bond as a percentage of its face value, typically expressed in annual terms.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which can differ significantly from its market value.