Before Leaving a Particular Restaurant,customers Are Asked to Respond to the Questions

question 86

Essay

Before leaving a particular restaurant,customers are asked to respond to the questions listed below.For each question,determine whether the possible responses are interval,nominal,or ordinal.
a.What is the approximate distance (in miles)between this restaurant and your residence?
b.Have you ever eaten at this restaurant before?
c.On how many occasions have you eaten at the restaurant before?
d.Which of the following attributes of this restaurant do you find most attractive: service,prices,quality of the food,or the menu?
e.What is your overall rating of the restaurant: excellent,good,fair,or poor?

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Definitions:

Earnings per Share

The portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's financial health.

Repurchase Shares

The act of a company buying back its own shares from the marketplace, reducing the number of outstanding shares.

Break-even Level

The point at which total costs and total revenue are equal, meaning there is no net loss or gain.

Earnings per Share

A company's net profit divided by the number of its outstanding shares, indicating the portion of a company's profit allocated to each share of stock.