For the Coefficient of Rank Correlation,what Scale Is Used to Measure

question 70

Multiple Choice

For the coefficient of rank correlation,what scale is used to measure the data?

• A)Nominal
• B)Ordinal
• C)Interval
• D)Ratio

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Definitions:

Equal Payments

Regular payments that are the same in amount, typically part of a loan or mortgage repayment plan.

Invoice

A document issued by a seller to a buyer, indicating products, quantities, and agreed prices for products or services the seller has provided.

Operating Profit

The revenue made from the primary functions of a business, without accounting for interest and tax deductions.

Wholesaler's List Price

The price at which a wholesaler is willing to sell their goods, before any discounts or allowances are applied.