What Is the Level of Measurement (Nominal, Ordinal, Ratio/interval) Used

question 1

Short Answer

What is the level of measurement (nominal, ordinal, ratio/interval) used in each of the following variables?
-favorite foods

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Definitions:

Equity Method

A method of accounting where an investor recognizes its proportionate share of the associate or joint venture's income, losses, and dividends within its own financial statements.

Ownership Percentage

The fraction of an investment or business enterprise owned by an individual or entity, usually expressed as a percentage.

Bud Ltd.

is not a universally recognized key term; it might refer to a specific entity or business and its significance might vary by context. NO.

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but does not control the company outright.