With an Interval Scale, It Is Possible to Say How

question 3

True/False

With an interval scale, it is possible to say how many times greater or smaller one object is than another.

---

Definitions:

Utility

In economics and business, the total satisfaction or benefit derived from consuming a good or service.

Bottom Line

The final line in the accounts of a company or organization, showing the net profit or loss after all expenses have been accounted for.

Effect Size

A quantitative measure of the magnitude of a phenomenon, used in statistics to assess the strength of a relationship or impact of an intervention.

Direct Costs

Direct costs are expenses that can be directly traced to producing a specific good or service, such as raw materials and labor.