What Type of Data Is Produced by Simple Category Scales

question 18

Multiple Choice

What type of data is produced by simple category scales?

• A) Nominal
• B) Ordinal
• C) Interval
• D) Ratio
• E) Nominal and interval

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Definitions:

Income Ratios

Financial metrics that compare various aspects of a company's financial performance to its income, providing insights into efficiency, profitability, and operational success.

Liquidation

The process of bringing a business to an end and distributing its assets to claimants, often occurring when a company is insolvent.

Final Distribution

The process of allocating the remaining assets or earnings of a company, fund, or estate to the entitled recipients after all obligations have been met.

Hybrid Form

A blending of two or more different structures or types, often referring to a mix of elements in business, legal, or organizational forms.