The Nurse Researcher Opts to Use Interval-Level Data

question 10

Multiple Choice

The nurse researcher opts to use interval-level data. The researcher's primary concern will be what?

• A) Categories must be mutually exclusive.
• B) Intervals between data categories must be equal.
• C) The rank of zero (0) represents the absence of the measured variable.
• D) Variance between assigned categories is qualitative rather than quantitative.

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Definitions:

Amortized Cost Basis

A financial calculation method that gradually writes off the initial cost of an asset over time.

Comprehensive Income

An all-encompassing measure of income that includes all changes in equity during a period except those resulting from investments by and distributions to shareholders.

Credit Loss

A reduction in the projected future cash flows from a loan or other financial instrument due to the borrower's inability to make payments as agreed.

Fair Value

An accounting term referring to the estimated worth of an asset or liability based on current market conditions.