Identify the Data Setʹs Level of Measurement

question 63

Multiple Choice

Identify the data setʹs level of measurement.
-the data listed on the horizontal axis in the graph

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

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Definitions:

COGS

Cost of Goods Sold; the direct costs attributable to the production of the goods sold in a company.

Service Quality

Refers to the comparison between customer expectations regarding a service and their perception of the service received, focusing on how well a service meets or exceeds customer standards.

Corporate Strategy

The overall scope and direction of a corporation and the way in which its various business operations work together to achieve particular goals.

Metrics

Quantifiable measures used to assess, compare, and track performance or efficiency over time.