An Interval Scale Is Preferable to an Ordinal Scale Because

question 57

Multiple Choice

An interval scale is preferable to an ordinal scale because:

• A)it has an absolute zero point.
• B)it rank orders individuals on some characteristic.
• C)it allows for more sophisticated statistical treatments.
• D)it allows the measurement of individual differences.

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Definitions:

Pollution Abatement

Methods or processes implemented to reduce, control, or eliminate pollution from various sources.

Society's Optimal Amount

The level of production or consumption of a good that maximizes the overall welfare of society, considering both benefits and costs.

Marginal Benefit

The supplementary enjoyment or advantage derived from consuming an extra unit of a good or service.

Marginal Cost

The amount of money needed to manufacture an extra unit of a good or service.