Cross-Tabulation Tables Summarize What Type of Data

question 39

Multiple Choice

Cross-tabulation tables summarize what type of data?

• A)reliable
• B)ratio
• C)categorical
• D)ordinal

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Definitions:

Private Goods

Goods that are both excludable and rival in consumption.

Industrial Machinery

Machines and equipment designed and used in the manufacturing and production sector.

Factor Of Production

Resources utilized in the creation of goods and services, including land, labor, capital, and entrepreneurship.

Constant Returns To Scale

a condition in production where increasing the inputs by some proportion leads to an increase in output by the same proportion.