What Type of Data Has No Particular Order in Response

question 13

Multiple Choice

What type of data has no particular order in response categories and codes are arbitrary?

• A) Ordinal Data
• B) Categorical Data
• C) Nominal Data
• D) Ratio Data

---

Definitions:

Attractive Offer

A proposal or deal considered beneficial and appealing, often because of favorable terms or pricing.

Nash Equilibrium

Nash Equilibrium refers to a situation in a game theory model where no player can benefit by changing their strategy while the other players keep theirs unchanged.

Gains From Trade

The benefits that parties obtain from engaging in voluntary trade, allowing them to obtain goods or services they desire more than what they give up.

John Nash

An American mathematician known for his groundbreaking work in game theory, Nash Equilibrium, and his struggles with schizophrenia, depicted in the movie "A Beautiful Mind."