Which Scale of Measurement Has These Two Properties: Linear Distance

question 55

Multiple Choice

Which scale of measurement has these two properties: linear distance is meaningful and the location of origin (or zero point) is absolute (or natural) ?

• A)Interval level
• B)Ordinal level
• C)Nominal level
• D)Ratio level
• E)Relative level

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Definitions:

Intrinsic Value

The fundamental value of a company, stock, currency, or product determined through financial analysis without reference to its market value.

March Put

An options contract giving the holder the right to sell an asset at a specified price before or on a March expiration date.

Underlying Stock

The basic security or asset upon which derivative contracts, such as options and futures, are based.

Exercise Price

The predetermined price at which an option can be exercised, allowing the holder to buy or sell the underlying asset.