Which Scale of Measurement Can Be Either Numeric or Nonnumeric

question 58

Multiple Choice

Which scale of measurement can be either numeric or nonnumeric?

• A)nominal
• B)ratio
• C)interval
• D)None of these alternatives is correct.

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Definitions:

Supply Chain Risk

The potential for financial, operational, and reputational losses arising from vulnerabilities and disruptions in a company's supply chain.

Inflation Risk

The risk that the value of assets or income will be eroded as inflation diminishes the value of a country’s currency.

Firm-Based Risk

Refers to the potential for financial loss arising from factors unique to a specific company, such as management decisions, product demand, or operational efficiency.

Market-Based Risk

The risk of losses stemming from factors that affect the overall market, including fluctuations in interest rates, stock prices, and currencies.