Which One of the Following Is an Example of a Nominal

question 5

Multiple Choice

Which one of the following is an example of a nominal level of measurement?

• A) reaction time of an adult male measured before and after drinking an ounce of alcohol
• B) a high school senior's first, second, and third choice of colleges to attend
• C) classification of psychiatric patients as either "neurotic" or "psychotic"
• D) estimating the number of red blood cells in a laboratory sample

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue, representing the company's profitability over a specified period.

Return on Equity

A measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested, expressed as a percentage.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing ownership interest in the company.

Gross Margin Percentage

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, demonstrating the efficiency of a company in managing its production costs relative to sales.