What Level of Measurement Would the Following Question Produce? Please

question 55

Multiple Choice

What level of measurement would the following question produce? Please indicate your approximate age by checking the appropriate age category.
___(1) 0 to 18 ___(2) 19 to 34 ___(3) 35 and over

• A)nominal
• B)ratio
• C)interval
• D)reliable
• E)ordinal

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Definitions:

Straight-Line Method

A method of calculating equal depreciation expenses for an asset over its useful life.

Straight-Line Method

This is a method of allocating the cost of an asset evenly over its useful life.

Depreciation Expense

Expense allocated for the reduction in value of tangible assets over their useful life for accounting and tax purposes.

Estimated Residual Value

The anticipated value of an asset at the end of its useful life.