With Nominal Scales There Is a Numerical Relationship Between the Units

question 89

True/False

With nominal scales there is a numerical relationship between the units of the scale.

---

Definitions:

Limited Information

A scenario where decision-makers have only a partial view or incomplete data about a situation or problem.

Heuristics

Mental shortcuts that allow people to solve problems and make judgements quickly and efficiently.

Availability Heuristic

Availability heuristic is a mental shortcut that relies on immediate examples that come to a person’s mind when evaluating a specific topic, concept, method, or decision.

Anchoring and Adjustment

A psychological heuristic where initial information serves as a reference point for subsequent judgments and decisions.