The Two Types of Quantitative Variables Are

question 26

Multiple Choice

The two types of quantitative variables are:

• A)Ordinal and ratio
• B)Interval and ordinal
• C)Nominative and ordinal
• D)Interval and ratio
• E)Nominative and interval

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Definitions:

Liquidity

The convenience with which one can convert an asset into cash without influencing its market price.

Financial Distress

A situation in which a company struggles to meet or has difficulty paying off its financial obligations to creditors.

Liquid Assets

Assets that can be quickly and easily converted into cash without significant loss of value.