Matilda Is Interested in Number of Books Read by Each

question 13

Multiple Choice

Matilda is interested in number of books read by each of the third grade children in her school district during the academic year. She believes that there may be differences in the number of books read by classroom and by school and she thinks there is a positive relationship between number of books read and reading achievement as measured on the standardized assessment given at the end of the year.
-In Matilda's study the variable 'reading achievement' would be considered an) ___________ level variable.

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

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Definitions:

Retail Inventory Method

An accounting method used to estimate the ending inventory and cost of goods sold of a retail company by using a cost-to-retail price ratio.

Days' Sales in Inventory

An economic indicator that calculates the mean duration in days a business requires to sell off its stock.

Specific Identification Method

An inventory valuation method that tracks the cost of each individual item in inventory.

Consignor

The person or entity that owns goods on consignment and sends them to the consignee for sale or display.