Which of the Following Is True About Scales of Measurement

question 24

Multiple Choice

Which of the following is true about scales of measurement?

• A)Most human resource selection measures are ratio scales of measurement.
• B)Precision is a function of how you measure, not the scale of measurement.
• C)More powerful statistical analyses can be performed with interval and ratio data than with nominal and ordinal data.
• D)Powerful statistical analyses can be performed with all scales of measurement.

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Definitions:

Income Statement

A financial statement that shows a company's revenue, expenses, and profits over a specific period of time.

Available-for-sale Securities

Financial assets that are neither held for trading nor intended to be held to maturity, and can be sold in response to needs for liquidity or changes in interest rates.

Trading

The act of buying, selling, or exchanging financial instruments, commodities, or other assets in financial markets or over-the-counter.

Maturity

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.