A Researcher Has Calculated the Mean for a Variable That

question 20

Multiple Choice

A researcher has calculated the mean for a variable that is ordinal in level of measurement.

• A)This operation is a violation of level of measurement criterion and the results should be disregarded.
• B)This violation of level of measurement criterion is common and results should be treated with caution.
• C)No violation has occurred,this is a perfectly acceptable application of statistics.
• D)This is a mistake: means should never be calculated for ordinal variables because they are always continuous.

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Definitions:

After-Tax Distribution

The amount of money shareholders receive from a corporation's earnings after all applicable taxes have been deducted.

Before-Tax Distribution

Refers to the allocation of income among individuals or entities before accounting for taxes.

Personal Income Tax

a tax levied on individuals or households based on their total annual income, with the tax rate typically increasing as income increases.

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Taxes imposed on the sale of goods and services (sales tax) and specific goods like gasoline, cigarettes, and alcohol (excise taxes), typically used to generate revenue for governments.