Identify the level of measurement

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Levels of measurement are important because they serve as a way to think about both the amount of information available in a measure and the mathematical properties of the measure. In this exercise you are going to consider the amount of information available in variables that measure the same concept with different levels of measurement.

Question 1: For each of the variables below, identify the level of measurement. Second, explain why one variable provides more information than the other. Finally, why might you prefer to use one measure over the other? Why is capturing more information important?

Reference no: EM132873912

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