The Incomes of a Group of 50 Loan Applicants Are

question 52

Multiple Choice

The incomes of a group of 50 loan applicants are obtained. Which level of measurement is income?

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

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Definitions:

Life Expectancy

The average period that a person or organism is expected to live, based on statistical analysis.

Pre-Columbian Indian

Refers to the indigenous peoples and civilizations of the Americas existing before the arrival of Columbus in 1492.

Central Place of Worship

A primary or main location where members of a religious community come together to perform rituals, pray, and celebrate their faith.

Defensive Design

The planning and construction of buildings, urban spaces, and products to minimize vulnerability to threats such as crime and terrorism.