Which List of Common Variables Below Would Be Examples of Ordinal

question 74

Multiple Choice

Which list of common variables below would be examples of ordinal data?

• A) price, time, volume, length, sales
• B) gender, coupon used, college degree, promotion (yes/no)
• C) education level, age group, survey scale response (e.g., 1 to 7)
• D) ethnic group, product category, SKU, payment method

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Definitions:

Negotiable Instrument

is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

Negotiable Instruments Law

The body of law governing financial instruments that can be transferred from one party to another, such as checks or promissory notes.

Fraudulent Representations

False statements knowingly made to deceive others, often to induce them to part with money or property.

Negotiable Note

A written promise to pay a specified sum of money, which can be transferred to others.