Which Measure Can Be Calculated for Nominal, Ordinal, Ratio, and Interval

question 11

Multiple Choice

Which measure can be calculated for nominal, ordinal, ratio, and interval data?

• A) Range
• B) Mode
• C) Mean
• D) Median

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Definitions:

Integral Approach

A comprehensive method or strategy that considers all factors, components, or aspects as interconnected and essential for achieving a particular goal or understanding a complex issue.

Discrete Approach

A method in accounting or finance that involves separate, individual consideration or analysis of items or periods.

Interim Financial Reports

Financial statements that are issued for a period shorter than the fiscal year, such as quarterly or semi-annually, to provide timely information to investors.