Match Each of the Following with the Appropriate Scale of Measurement

question 54

Essay

Match each of the following with the appropriate scale of measurement:
a.interval scale
c.ratio scale
b.ordinal scale
d.nominal scale
-Classifying applicants by their gender.

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Definitions:

Activity Index

A measure or indicator used to assess the level of activity or productivity in a given context.

CVP Analysis

Cost-Volume-Profit Analysis, a managerial accounting method that examines the impact of varying levels of costs and volume on operating profit.

Manufacturing Costs

These are expenses directly related to the production of goods, including labor, materials, and overhead.

Selling

The process of promoting and transferring goods or services to a buyer in exchange for money.