Determine Which of the Four Levels of Measurement Is Most

question 127

Multiple Choice

Determine which of the four levels of measurement is most appropriate. Level of satisfaction of survey respondents.

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

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Definitions:

Initial Public Offering

The first sale of stock by a private company to the public, often referred to as going public.

Business Plan

A formal document that outlines a company's goals, strategies for achieving them, and the financial forecasts associated with these strategies.

Basic Elements

The fundamental components or principles that form the essential parts of a whole.

Loan

Borrowed money that is expected to be paid back with interest.