When the Descriptors on a Scale Measure Levels or Amounts

question 92

True/False

When the descriptors on a scale measure levels or amounts, that is, the level of sales dollars, the scale is categorical (nominal or ordinal).

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Definitions:

Skills

Abilities and expertise developed through practice and education.

Consumer-To-Consumer Retail

Consumer-to-consumer retail involves transactions between consumers, typically facilitated by third-party platforms or marketplaces that enable individuals to sell and buy products or services from one another.

Peer-To-Peer Transaction

Direct exchanges of goods, information, or services between individuals without the involvement of a central authority or intermediary.

Online Marketplace

A virtual platform that connects buyers and sellers, facilitating the exchange of goods, services, or information over the internet.