Ratio Scales Can Be Used to Do Everything That Interval

question 70

True/False

Ratio scales can be used to do everything that interval, ordinal and nominal scales can do.

Identify the different types of decisions individuals or organizations make and the associated risks.

Explain the process and importance of selecting optimal goals over merely acceptable ones.

Understand the use of heuristics in decision making.

Describe the importance of knowledge management in delivering timely and relevant information.