Which of the Following Allow Meaningful Comparison of Statistics

question 26

Multiple Choice

Which of the following allow meaningful comparison of statistics?

• A)interval data
• B)categorical data
• C)ratio data
• D)ordinal data

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Definitions:

Economic Losses

The decrease in financial value or resources typically due to business activities or adverse economic conditions.

Human Capital

The collective skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Investment Rates

The percentage of an asset's value that is being invested or the rate at which capital is being used to generate economic activity.

Higher Incomes

Increased earnings of individuals, households, or nations, typically leading to more disposable income and consumption.