The Ordinal Scale of Data Measurement Is

question 16

Multiple Choice

The ordinal scale of data measurement is

• A) less sophisticated than the nominal scale.
• B) more sophisticated than the interval scale.
• C) more sophisticated than the nominal scale.
• D) as equally sophisticated as the nominal scale.

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Definitions:

Upward Sloping

A graph line that shows an increase in value over time, often used in economics and finance to indicate growth.

Convertible Bonds

Security that is convertible into shares of common stock, at a fixed price, at the option of the bondholder.

Subordinated Debt

A type of debt that ranks below other debts with regard to claims on assets or earnings in the event of a liquidation.

Junk Bonds

High-yield but high-risk bonds issued by companies or entities with lower credit ratings, indicating a higher risk of default.