Which of the Following Is True of Euclidean Distances

question 27

Multiple Choice

Which of the following is true of Euclidean distances?

• A)It is used to measure dissimilarity between categorical variable observations.
• B)It is not affected by the scale on which variables are measured.
• C)It increases with the increase in similarity between variable values.
• D)It is commonly used as a method of measuring dissimilarity between quantitative observations.

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Definitions:

Debit Cards

Plastic cards issued by banks that allow cardholders to transfer money electronically from their bank account when making a purchase.

Grace Period

A set period of time after the due date during which payment can be made without penalty.

M2

A money aggregate consisting of M1 plus savings deposits, small-denomination time deposits, money market mutual funds, and other miscellaneous near-monies.

Near-Monies

Assets that are easily convertible into cash but are not cash themselves, such as savings accounts and time deposits.