Following Are the Components of a Data Set Containing Purchase

question 27

Multiple Choice

Following are the components of a data set containing purchase details of a shoe manufacturing company. Identify the ratio data.

• A) Item Number
• B) Rank of suppliers
• C) Item cost
• D) Arrival Date

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Definitions:

Home Loans

Loans offered by financial institutions to individuals for the purchase of homes, typically secured by the property itself.

Economic Model

A simplified representation of economic processes, used to analyze and predict economic behaviors.

Financial Crisis

A broad term for a variety of situations in which some financial assets suddenly lose a large part of their nominal value, often leading to a collapse of markets and economies.

Economic Model

A simplified representation of reality used to analyze and predict economic behaviors and outcomes.