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What level of data is money?
It is ratio; it has a natural zero and differences in values are meaningful.
What is the ratio of a lever?
The mechanical advantage of a level is the ratio of the output force to the input force.
What is the level of measurement for happiness level scale of 0 to 10?
Ratio
Is a bar code a ratio level of measurement?
No, it is nominal.
What level of measurement are scores on a SAT test?
ratio
What are some examples of ratio level of measurement?
Examples of ratio level of measurement are age, weight, and amount of money.
What level of data is money?
It is ratio; it has a natural zero and differences in values are meaningful.
Is grade scores an example of ratio scales?
Grade scores are an ordinal level of measurement. A ratio level of measurement would be weight of a person or how much money a person has.
What is the ratio of a lever?
The mechanical advantage of a level is the ratio of the output force to the input force.
Which level of measurement is the highest in statistics?
Ratio level of measurement is the highest in statistics.
What is the level of measurement for happiness level scale of 0 to 10?
Ratio
What describes how lowering the required reserve ratio reduces the money supply?
When the required reserve ratio is lowered, banks can loan out more money.
What is the use of ratio in the balance sheet of a bank?
The ratio is the formula used by the bank. It is usually speaking of the money that comes in versus the money that goes out.
What is the use of ratio in balance sheet of a bank?
The ratio is the formula used by the bank. It is usually speaking of the money that comes in versus the money that goes out.
Predict what will happen to the money supply if there is a sharp rise in the currency ratio?
The money supply falls. The rise in c means that there has been a shift from deposits which undergo multiple deposit expansion to currency which does not. Thus overall level of multiple expansion declines, and the money multiplier and money supply fall.
What is the money ratio from 1900 to 2000?
$.98
What level of measurement is decimal numbers?
They are ratio scale.
