Most developed Western countries set the age of 60 to 65 for retirement. Being 60â65 years old is usually a requirement for becoming eligible for senior social programs. However, various countries and societies consider the onset of old age as anywhere from the mid-40s to the 70s.
Ordinal Scale Measures in terms of such values as more or less, larger or. smaller, but without specifying the size of the intervals. Example: rating scales, ranking scales, Likert-type scales. Interval Scale Measures in terms of equal intervals or degrees of. difference but without a true zero point.
Scales of measurement refer to ways in which variables/numbers are defined and categorized. Each scale of measurement has certain properties which in turn determines the appropriateness for use of certain statistical analyses. The four scales of measurement are nominal, ordinal, interval, and ratio. Nominal: Categorical data and numbers that are simply used as identifiers or names represent a nominal scale of measurement. Numbers on the back of a baseball jersey and your social security number are examples of nominal data.