Referring to Scenario 1-2, the Possible Responses to the Question

question 17

Multiple Choice

Referring to Scenario 1-2, the possible responses to the question "On the scale of 1 to 100 with 1
Being extremely anxious and 100 being totally not anxious, rate your level of anxiety in this U.S.
Economy" results in

• A) a nominal scale variable.
• B) an ordinal scale variable.
• C) an interval scale variable.
• D) a ratio scale variable.

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Definitions:

Monthly Profit

The net amount of money gained or lost by a business within a month after all revenues and expenses have been accounted for.

Slack Variables

Additional variables introduced into linear programming problems to convert inequality constraints into equality constraints.

Nonnegative

A term describing numbers that are greater than or equal to zero, excluding negative numbers.

A-type Steel Sheets

A classification of steel sheets, this term may refer to a specific quality, grade, or characteristic defined by a manufacturing or industry standard (assuming hypothetical; otherwise NO).