What Additional Information Is Obtained by Measuring Two Individuals on an Interval

question 33

Multiple Choice

What additional information is obtained by measuring two individuals on an interval scale compared to a ordinal scale?

• A)Whether the measurements are the same or different
• B)The direction of the difference
• C)The size of the difference
• D)None of the other options is correct

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Definitions:

Equity Method

An accounting technique used by a company to record its investment in another company based on the profit or loss and other comprehensive income of the investee.

Voting Shares

Shares of stock that grant the shareholder the right to vote on matters of corporate policy and the election of board members.

Fair Values

The estimated market value of an asset or liability, based on current conditions and knowledgeable, willing parties' transactions.

Book Values

The value of an asset as reported on the balance sheet, calculated as the original cost of the asset minus any depreciation, amortization, or impairment costs.