Which Level of Measurement Is Represented by Answers on a Scale,such

question 79

Multiple Choice

Which level of measurement is represented by answers on a scale,such as "yes," "no" or "male," "female" represent which level of measurement?

• A)scientific
• B)open-ended
• C)metric
• D)categorical
• E)elemental

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Definitions:

Labor's Share

The portion of national income or output that is allocated to workers in the form of wages, salaries, and benefits.

Interest Rate

The fraction of a loan that incurs interest charges for the borrower, usually indicated as an annual percentage of the remaining loan amount.

Cell A

In the context of matrices or spreadsheets, it typically refers to the top-left cell or the first cell in a table.

Compounded Annually

A method of calculating interest where the interest earned over a period is added to the principal, and the total becomes the basis for calculating interest in the next period, occurring once per year.