What Is the Lowest Level of Measurement to Which a Median

question 8

Multiple Choice

What is the lowest level of measurement to which a median can be computed?

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

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Definitions:

Sales

The revenue a company earns from selling goods or services over a period.

Unusual Item

A gain or loss in financial statements that is infrequent or uncommon in occurrence.

Corporate Income Tax

Taxes imposed on the income or profit of corporations and other business entities by government authorities.

Outlet Stores

Retail stores that sell products directly from manufacturers at reduced prices, often overstock or discontinued lines.