Identify the Data Setʹs Level of Measurement

question 55

Multiple Choice

Identify the data setʹs level of measurement.
-the ratings of a movie ranging from ʺpoorʺ to ʺgoodʺ to ʺexcellentʺ

• A)ordinal
• B)nominal
• C)interval
• D)ratio

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Definitions:

Outstanding Common Stock

Shares of a company that have been issued and are currently held by investors, excluding shares held by the company itself.

Income Earned

Revenue recognized from the sale of goods or services, or the performance of operational activities.

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to evaluate if a stock is under or overvalued.

Market Value Per Share

The current price at which a single share of a company's stock is bought or sold in the financial markets.