EXPLANATION: the Rating Is Ordinal Scale Not an Interval Scale

question 110

Multiple Choice

EXPLANATION: The rating is ordinal scale not an interval scale because the difference in rating
between "excellent" and "good" does not have to be the same as the difference between "poor" and
"terrible".
KEYWORDS: ordinal scale, types of data
-Referring to Scenario 1-1, the possible responses to the question "Out of a 100 point score with
100 being the highest and 0 being the lowest, what is your satisfaction level with the Blu-ray
Player that you purchased?" result in

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

Identify and explain the processes involved in the ordering and receiving of goods.

Understand the reconciliation process between bank statements and depositor’s records.

Comprehend the role of deposits in bank statements and their impact on financial records.

Explain the methodology of recording purchases and the implications of cash discounts.

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Definitions:

Peaceful Methods

Techniques or approaches used to resolve conflicts or achieve goals without violence.

International Relations

The study and practice of political, economic, and cultural relationships between nations.

Iranian Relations

The diplomatic, economic, and military interactions between the governments of Iran and other countries.

Nuclear Capability

The ability of a country or entity to develop, test, and use nuclear weapons.