Question

Which of the following can be categorized as Ratio data type? Amount of money in your...

Which of the following can be categorized as Ratio data type?

Amount of money in your bank account

Customer service rating score

SAT Score

Birth Month

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Answer #1

Answer:

Distance in miles

Amount of money in your bank account

Ratio Data is defined as quantitative data, having the same properties as interval data, with an equal and definitive ratio between each data and absolute “zero” being treated as a point of origin.

In other words, there can be no negative numerical value in ratio data.

  • Ratio data has all properties of interval data such as – data should have numeric values, a distance between the two points are equal, etc. but, unlike interval data where zero is arbitrary, in ratio data, zero is absolute.
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