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Mnenie [13.5K]
1 year ago
15

It is reasonable to state that one object has twice as much of the attribute property when it has a score of 60 and the other ob

ject has a score of 30 when measurement is on a(n) ____ scale.
Business
1 answer:
Lesechka [4]1 year ago
5 0

Answer:

The correct answer is:

Ratio Scale

Explanation:

A ration scale of measurement is one that has equal units of measurement, and has an absolute value of zero. Measurements below the zero point on the scale is not possible. for example in the measurement of height in meters, the lowest measurement possible is 0 meter, a measurement of - 1 meter will make no mathematical sense. In this example, if a score of 60 is said to have twice as much attributes than a score of 30, it means that this attributes are measured from a reference zero point, because truly, 60 is twice as much as 30, from a zero point on a scale.

The other scales of measurements include;

nominal scale of measurement; which contains mainly categorical data and is mainly used in form of tags rather than showing magnitude or intervals. Example is grouping a group of adults into married, divorced or single.

Ordinal scale; this scale shows hierarchical series or ordered series, but does not show intervals between the elements. example is in classifying the positions of participants in a race as first, second or third etc. There is an ordering, as the first position is on top of the list, but it will now make sense to say the distance between the attribute of first to third position is the same as the distance between the attributes between third and fifth position, as there is no scale.

Interval scale; this scale of measurement does not have a limit zero value which represents the least possible point on a scale, but the intervals between different units on the scale can be compared logically. Example is the measurement of temperature using the Fahrenheit scale, where the temperature can go as low as - 20°F, below the zero point, and a distance of 3°F to 5°F can be said to be equal to a distance of 10°F to 12°F.

You might be interested in
Spaniards can produce 10 gallons of wine or 8 gallons of olive oil per worker hour. Americans can produce 9 gallons of wine or 6
Drupady [299]

Answer:

a. Americans, Spanish

Explanation:

<u>Particulars  Wine  Olive Oil    Opportunity   Opportunity cost of Olive oil</u>

<u>                                          cost of Wine</u>

Spaniards    10            8           0.8                   1.25

Americans   9             6           0.67                 1.5

From the above table, the first option is correct

3 0
1 year ago
Suppose the daily demand for soda is given by P = 4 – (2/3)Q and the daily supply of soda is given by P = 1 + (1/3)Q, where P is
Pavel [41]

Answer:

Qe 2

Pe 2

Demand price elasticity -0.60

Supplu price elasticity 3

i. It will decrease

As the demand as a more than proportionate price elasticity will overreact to the input price and their subsequent price increase with a reduce in consumption.

Explanation:

We equalize both to get the equilibrium quantity (Qe)

4 - 2/3Qe = 1 + 1/3Qe

Qe(2/3 + 1/3)  = 4 - 1

Qe = 3

Then we solve for equilibrium price (Pe)

Pe =  4 - 2/3 x 3 = 4 - 2 = 2

Pe = 1 + 1/3 x 3 = 1 + 1 = 2

Price elasticity of demand at equilibrium:

variation in quantity / variation in price

we solve for Q when P = 3 and compare the variation

(1.33-3) / (3 - 2) = -1.66/1  = -1.66

Price elasticity of supply at equilibrium:  ( 6 - 3) / (3 - 2) = 3 / 1 = 3

7 0
2 years ago
A local magazine is offering a $2,500 grand prize to one lucky winner. The prize will be paid in four annual payments of $625 ea
igomit [66]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

A local magazine is offering a $2,500 grand prize to one lucky winner. The prize will be paid in four annual payments of $625 each, starting one year after the drawing. The interest rate is 9%.

First, we find the final value:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {625*[1.09^4-1]/0.09

FV= 2,858.21

PV= FV/(1+i)^n

PV= 2,858.21/1.09^4= 2,024.83

5 0
2 years ago
Peppy Pups, a dog toy company, uses a job order costing system in which overhead is applied to jobs on the basis of direct labor
Gnom [1K]

Answer:

Explanation:

Predetermined overhead rate is based on a cost formula that estimated $346,000 of manufacturing overhead for an estimated activity level 69,200 direct labor hours. So Overhead rate is 346,000/69,200 = $5/labour hour

Applied overhead = 180,000/4*5 = $225,000

Actual overhead = 60,000[280,000-220,000] +72,000+57,000+88,000 = $277,000

Under applied overhead = 225,000-277,000 = $52000

3 0
2 years ago
In a situation of neither input nor output fixed, the proper economic criterion is to _________________. A. Maximize the output
arsen [322]

Answer:

D. Maximize (outputs - inputs)

Explanation:

The input is the raw material, labor, the efforts that is used in making the product while the output is the product or the result arising from the input

The profit arises when output and the input varies from each other

i.e

Profit = Output - input

In the case where there is neither an input nor output fixed, so we have to maximize the profit i.e (output - input) but the condition is that they are different from each other

Hence, the correct option is D.

6 0
1 year ago
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