Which of the Following Statements Is True About Interval Scales

question 7

Multiple Choice

Which of the following statements is True about interval scales?

• A) They can measure absolute differences between scale points.
• B) The standard deviation cannot be calculated for interval scales.
• C) They are the highest level scale.
• D) They do not allow for comparison between measured objects.
• E) They are less powerful than ordinal scales.

---

Definitions:

Dumping

The practice of selling a product in a foreign market at a price below its domestic market price or below the cost of production.

Tariffs

Taxes imposed on imported goods and services, aimed at making them more expensive to protect local industries from foreign competition.

Revenue

The total income generated by a company from its business activities, typically from the sales of goods or services before any expenses are deducted.

Break-even

The point at which total costs and total revenue are equal, meaning that a business neither makes a profit nor suffers a loss.