Quantitative Variables Use Which Two Levels of Measurement

question 22

Multiple Choice

Quantitative variables use which two levels of measurement?

• A)Ordinal and ratio
• B)Interval and ordinal
• C)Nominal and ordinal
• D)Interval and ratio

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Definitions:

Franchising

A business model allowing individuals or entities to operate a business under the name and system of an established brand in exchange for a fee and ongoing royalties.

Franchisee

An individual or business entity that purchases the right to operate a branch of a franchise using the franchisor’s trademarks, systems, and business model.

Earnings

The amount of money that an individual or corporation receives in exchange for providing a good, service, or through investing capital.

Salaried Manager

An employee who receives a fixed amount of remuneration from their employer at regular intervals, typically monthly or annually, and often occupies a supervisory or managerial position.