Determine Which of the Four Levels of Measurement Is Most

question 11

Multiple Choice

Determine which of the four levels of measurement is most appropriate.
-Doctors measure the weights (in pounds) of pregnant women. What type of data is collected?

• A) Nominal
• B) Ordinal
• C) Interval
• D) Ratio

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Definitions:

Economic Uncertainty

Situations where the future economic conditions or financial market trends cannot be predicted with certainty.

Investment Groups

Entities comprised of investors who pool their money together to invest in various financial instruments.

Indexed Mutual Fund

A mutual fund designed to replicate and manage a portfolio to match the performance of a market index.

Economic Downturn

A period of reduced economic activity characterized by declines in spending and investment, often leading to recession.