Determine the level of measurement for each of the 5 variables. (Ratio, Nominal, Ordinal, or Interval)....
Determine the level of measurement for each of the 5 variables. (Ratio, Nominal, Ordinal, or Interval). Explain.
| Variable Level | Level of Measurement | Explanation |
| Career | ||
| Entry Level Education | ||
| Median Salary Per Year | ||
| Median Salary Per Hour | ||
| Number of Jobs in 2014 | ||
| Number of Jobs in 2024 | ||
| Change in Job Numbers from 2014-2024 | ||
| Percent Change in Jobs 2014-2024 |
Homework Answers
| Variable Level | Level of Measurement | Explanation |
| Career | Nominal | The career choice will be some different categories |
| Entry Level Education | Ordinal | Variable will be a meaningful order such as High School, Graduate and Post Graduate |
| Median Salary Per Year | Ratio | The median salary is defined for equal intervals such that variable is the ratio of median salary and number of year |
| Median Salary Per Hour | Ratio | The median salary is defined for equal intervals such that variable is the ratio of median salary and number of hour |
| Number of Jobs in 2014 | Interval | The number of jobs is defined for a period(interval) of year 2014 |
| Number of Jobs in 2024 | Interval | The number of jobs is defined for a period (interval) of year 2024 |
| Change in Job Numbers from 2014-2024 | Interval | There will be arithmetic difference between jobs from 2014-2024 |
| Percent Change in Jobs 2014-2024 | Interval | The percentage change is defined for a interval 2014 to 2024 |
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