determine the level of measurement of the var...
determine the level of measurement of the variable below. assessed value of a house choose the correct answer below. a. ratio b. ordinal c. nominal d. interval
Answer
# Brief Explanations:
The assessed value of a house has a true zero point (a value of zero means no value at all for the house). Ratio - level variables have a true zero and allow for meaningful ratios between values. For example, a house worth $200,000 is twice as valuable as a house worth $100,000.
# Answer:
A. Ratio