BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Nominal
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Ordinal
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Interval
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Ratio
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Detailed explanation-1: -One question students often have is: Is “age” considered an interval or ratio variable? The short answer: Age is considered a ratio variable because it has a “true zero” value.
Detailed explanation-2: -Age, money, and weight are common ratio scale variables. For example, if you are 50 years old and your child is 25 years old, you can accurately claim you are twice their age.
Detailed explanation-3: -Answer and Explanation: The age of a students classmates is measured on the ratio level.
Detailed explanation-4: -Age is, technically, continuous and ratio. A person’s age does, after all, have a meaningful zero point (birth) and is continuous if you measure it precisely enough. It is meaningful to say that someone (or something) is 7.28 year old.