A Question That Asks "How Much You Would Be Willing

question 64

Multiple Choice

A question that asks "How much you would be willing to pay in annual premium for a $100,000 home insurance policy" in the following way would be scaled as: Check appropriate category
____ < $25 per month
____ $26 to $40 month
____ $41 to $55 month
____ > $55 per month

• A)Nominal scale
• B)Ordinal scale
• C)Interval scale
• D)Ratio scale
• E)Likert scale

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Definitions:

Lipids

A broad group of naturally occurring molecules that include fats, oils, waxes, and certain vitamins, characterized by their insolubility in water but solubility in organic solvents.

Disaccharide

A carbohydrate made up of two monosaccharide molecules bonded together, examples include sucrose and lactose.

Simple Sugar

Small carbohydrate molecules that serve as a source of energy and building blocks for more complex carbohydrates, such as glucose and fructose.

Deoxyribose

A sugar component of DNA, having one less oxygen atom than ribose, the sugar component of RNA.