Determine the Level of Measurement of the Variable

question 95

Multiple Choice

Determine the level of measurement of the variable.
-the medal received (gold, silver, bronze) by an Olympic gymnast

• A) ordinal
• B) ratio
• C) nominal
• D) interval

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Definitions:

ESOPs

Employee Stock Ownership Plans, which are employee benefit plans giving workers ownership interest in the company, usually as a form of retirement benefit.

Employee Representation

The practice of workers electing representatives to negotiate with management on their behalf, often in the context of labor relations.

Financialization

The process by which financial markets, instruments, and institutions gain greater influence over economic policy and economic outcomes.

Leveraged Buyouts

The acquisition of a company using a significant amount of borrowed money (bonds or loans) to meet the cost of acquisition, often leading to major changes in the company's strategy or structure.