Interval scale

The interval type allows for the degree of difference between items, but not the ratio between them. Examples include temperature with the Celsius scale, which has two defined points (the freezing and boiling point of water at specific conditions) and then separated into 100 intervals, date when measured from an arbitrary epoch (such as AD), percentage such as a percentage return on a stock,[16] location in Cartesian coordinates, and direction measured in degrees from true or magnetic north. Ratios are not meaningful since 20 °C cannot be said to be "twice as hot" as 10 °C, nor can multiplication/division be carried out between any two dates directly. However, ratios of differences can be expressed; for example, one difference can be twice another. Interval type variables are sometimes also called "scaled variables", but the formal mathematical term is an affine space (in this case an affine line). Characteristics: median, percentile & Monotonic increasing (order (<) & totally ordered set

Interval scale

The interval type allows for the degree of difference between items, but not the ratio between them. Examples include temperature with the Celsius scale, which has two defined points (the freezing and boiling point of water at specific conditions) and then separated into 100 intervals, date when measured from an arbitrary epoch (such as AD), percentage such as a percentage return on a stock,[16] location in Cartesian coordinates, and direction measured in degrees from true or magnetic north. Ratios are not meaningful since 20 °C cannot be said to be "twice as hot" as 10 °C, nor can multiplication/division be carried out between any two dates directly. However, ratios of differences can be expressed; for example, one difference can be twice another. Interval type variables are sometimes also called "scaled variables", but the formal mathematical term is an affine space (in this case an affine line). Characteristics: median, percentile & Monotonic increasing (order (<) & totally ordered set