Which Level(s)of Measurement Can Be Used for "Putting Things in Order

question 45

Multiple Choice

Which level(s) of measurement can be used for "putting things in order"?

• A)ratio only
• B)interval and ratio
• C)ordinal,interval,and ratio
• D)all four levels: nominal,ordinal,interval,and ratio

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Definitions:

Free Market Capitalism

An economic system where prices for goods and services are determined by the open market and consumers, with minimal governmental intervention.

Adam Smith

An 18th-century Scottish economist and philosopher known as the father of modern economics, best known for his theories on free markets and the invisible hand.

Morals

Principles or habits with respect to right or wrong conduct, often influenced by cultural, religious, or personal beliefs.

Rule Deontology

An ethical theory that stresses the importance of following universal rules or duties in ethical decision-making, regardless of the consequences.