Data comes in various sizes and shapes. Two of them are Interval and Ratio. Interval is a measurement where the difference between two values is meaningful and follows a linear scale. For example: in physics, temperature 0.0 on either F or C does not mean 'no temperature'; in Biology, a pH of 0.0 does not mean 'no acidity'. Interval data is continuous data where differences are interpretable, ordered, and constant scale, but there is no 'natural' zero. Ratio is the relation in degree or number between two similar things or a relationship between two quantities, ordered, constant scale, with natural zero. Ratio data is interpretable. Ratio data has a natural zero. A good example is birth weight in kg. The distinctions between interval and ratio data are slight. Certain specialized statistics, such as a geometric mean and a coefficient of variation can only be applied to ratio data.
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diferece between ratio and regression
an ratio scale is where both measurements are in the same unit of measurement and an interval scale is where they are not. i dont know if this helps at all but we are learning about it in maths at the moment and that is the easiest way for me to understand it Beside the features of interval scales, ratio scale carries zero point measurements. Means that the zero value is considered when we do the measurement in ratio scales. Say that it is not only differ between 1 to 10, but there is also different to compare two intervals between 1 to 10, and 100,001 to 100,010 when we measure them (intervals) starting from zero point scales. * * * * * Unfortunately, the first paragraph above is nonsense. An interval scale is one in which the difference between two points can be quantified numerically. However, the zero is arbitrary. The Celsius and scale is an example. The difference between 1 deg C and 3 deg C is twice the difference between 7 deg and 8 deg. But 3 deg C is not 3 times as hot/cold as 1 deg C. A ratio scale is an interval scale with the added requirement of a non-arbitrary zero point such that the value of 3 is three times the value of 1. The Kelvin scale meets those requirements. Scales in common use, that are not interval are the Richter scale (earthquakes) or Beaufort (wind speeds) where the points on the scale are indicators of outcomes.
An odds ratio is the difference between the number of times that something happens and does not happen. An unadjusted odds ratio is a guess between what could or could not happen.
Odds ratio (AD/BC) is the ratio between number of times that something happens and does not happen. Crude odds ratio is the ratio that is not stratified (ex. by age). Adjusted odds ratio is a stratified odds ratio. If the odds ratio equals one, then there is no association, and null hypothesis shall be accepted. If one is included into confidence interval, then it is possible that odds ratio equals one, and it is not statistically significant. If stratified odds ratios are about the same, or there are no significant differences, the odds ratios are combined into one common odds summary estimate of two stratum specific ORs using Mantel-Haenszel and/or Cohran's tests, or multivariable analysis.