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Consider the Following Question: How Much Would You Be Willing

Question 54

Multiple Choice

Consider the following question: How much would you be willing to pay in annual premium for a $100,000 home insurance policy? Check appropriate category:
_____ < $25 per month
_____ $26 to $40 month
_____ $41 to $55 month
_____ > $55 per month
This is an example of a _____ scale.


A) nominal
B) ordinal
C) interval
D) ratio
E) Likert

Correct Answer:

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