Examlex
An annuity mortality table:
Interval Data
A type of numerical data in which the intervals between numbers on the scale are interpretable and equal, allowing for meaningful comparison and arithmetic operations.
Nominal Data
Data classified into categories that cannot be ordered in a meaningful way.
Interval Data
A type of data that is measured along a scale, where the difference between values is meaningful, but there is no true zero point.
Nominal Data
Data classified into categories that cannot be ordered or ranked in any meaningful way.
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