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The reported unemployment is 5.5% of the population. what measurement scale is used to measure unemployment? nominal ordinal interval or ratio descriptive

User Kaushik
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The answer is interval or ratio. In interval level of measurement, the distances between have attributes does have a meaning. The best example to be used here is temperature. The distance from 40-50 is like the distance from 70-80. While in ratio level of measurement, there is constantly an absolute zero that is significant. Meaning, that you can build a meaningful fraction (or ratio) with a ratio variable.

User Zach Inglis
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