What Is the Level of Measurement for the Following Variable

question 4

Multiple Choice

What is the level of measurement for the following variable: Educational aptitude measured with a respondent's IQ score

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

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Definitions:

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a dataset, often used in accounting to value inventory.

Common Shares

Units of ownership interest or equity in a corporation that entitle their holder to a share of the corporation's earnings and give them the right to vote.

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Preferred Shares

A type of ownership in a corporation that has a higher claim on assets and earnings than common stock and often pays dividends at a fixed rate.