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In: Accounting

The incomes of a group of 50 loan applicants are obtained. Which level of measurement is...

The incomes of a group of 50 loan applicants are obtained. Which level of measurement is income?
1 point
Ordinal
Ratio
Interval
Nominal

Solutions

Expert Solution

Answer is Ratio Because the incomes of a group of 50 loan applicants can be categorize , rank and can be equally differentiate with neighboring data and has a natural zero.

ekkarill92 answered 2 years ago
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