Which of the Following Is NOT a Defining Characteristic of Nominal

question 4

Multiple Choice

Which of the following is NOT a defining characteristic of nominal level measures?

• A)response categories are mutually exclusive and collectively exhaustive
• B)response options must be four or less
• C)for purposes of data analysis numbers are merely a way to distinguish categories
• D)there is internal category equivalence

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Definitions:

Net Present Value

The divergence in current value of cash inflows versus outflows over an established time frame.

Net Present Value

A method used to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows over a period.

Project

An organized task or set of activities with a start and end date, aimed at achieving a specific goal or creating a unique product, service, or result.

Net Present Value

The disparity between the current value of incoming cash and the current value of outgoing cash over a certain timeframe.