Measurement Whose Basic Property Is a Rank Order of Individuals

question 2

Multiple Choice

Measurement whose basic property is a rank order of individuals is a(n) _________ level of measurement.

• A) nominal
• B) ordinal
• C) interval
• D) ratio

---

Definitions:

Sales Price

The selling price set for a service or product aimed at consumers.

Contingent Liabilities

Potential liabilities that may occur depending on the outcome of a future event or set of circumstances.

Damage Awards

Monetary compensation determined and ordered by a court for losses or injuries suffered as a result of unlawful actions or negligence by another party.

EPA Fine

A penalty imposed by the Environmental Protection Agency for violations of environmental laws or regulations.