Examlex
Internet-enabled software permits the practice of Delta Airlines to change its prices in real time in response to supply and demand conditions.This describes one example of why consumers shop and buy online,which is __________.
Ordinal Responses
Data that represent categories with a meaningful order but not necessarily equidistant intervals between categories.
Interval Responses
Responses or data that range within a specific interval, often used in surveys or statistical analysis to understand distribution or preference.
Interval Data
Refers to a type of numerical data that has meaningful distances between measurements but no true zero point, allowing for addition and subtraction operations but not true ratio comparisons.
Bar Chart
A graphical display that uses bars of different heights or lengths to represent data values of various categories for comparison.
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