If You Have a Level of Measurement in Which the Distance

question 23

Multiple Choice

If you have a level of measurement in which the distance between the values are meaningful but there is no absolute value of zero, then what level of measurement is being utilized?

• A) ordinal
• B) nominal
• C) interval
• D) ratio
• True/False

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Definitions:

Technical Analysts

Financial professionals who evaluate securities by analyzing statistics generated by market activity, such as past prices and volume.

Retail Industry

A sector of the economy that consists of individuals and companies engaged in the selling of finished products to end user consumers.

Positive Earnings Surprises

Occurs when a company's reported earnings exceed analysts' expectations.

Abnormal Return

The difference between the actual return of an investment and the expected return given its risk profile and market performance.