Income is an example of ___.Group of answer choicesquantitative datacategorical datacurrency dataeither categorical or quantitative data

What type of variable is "income" when measured in dollars?Group of answer choicesContinuousDiscreteOrdinalCategorical

Amount of Telecommunication Expense is an example of Group of answer choicesCategorical DataQuantitative Dataeither categorical or quantitative datanon-numeric Data

The two categories of income, as specified in the Conceptual Framework, are:

Which of these is not an income type item?Group of answer choicesRoyalties receivedCommission receivedAccounts receivableFees received

Income inequality has been worsening in recent years. The people belonging to the top 10% of income distribution have become richer, whereas the bottom 10% has become poorer. A survey has put people into three categories in terms of their income level: low income, middle income and high income. What type of data and measurement scale does this survey have?Group of answer choicesCategorical and ordinalNumerical and ordinalNumerical and nominalContinuous and nominal