Rating Scales Are Popular Because They Are Easy to __________

question 36

Short Answer

Rating scales are popular because they are easy to __________.

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Definitions:

Discrete Random Variable

A type of random variable that can take on a countable number of distinct values.

Outcomes

Outcomes refer to the results or consequences of actions, processes, or interventions, which can be measured to assess effectiveness or impact.

Distribution

In statistics, the way in which values of a variable are spread or dispersed across possible values.

Contribution Margin

The amount remaining from sales revenue after all variable expenses have been deducted, indicating the contribution towards covering fixed costs and generating profit.