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As a Manager,you Can Use A(n)_____ System to Extract Data

question 19

Multiple Choice

As a manager,you can use a(n) _____ system to extract data from a database and compile records that help you make routine decisions.


Definitions:

Ordinal

A scale of measurement where numbers represent ordered categories that have a meaningful sequence, but the intervals between the categories are not necessarily equal.

Ratio Scales

Ratio scales are a type of measurement scale that not only have order and equal intervals but also have a true zero point, allowing for the calculation of ratios.

"True" Zero

A point on a scale of measurement that represents a complete absence of the property being measured, as opposed to a mere baseline or reference point.

NOIR

A commonly used acronym in statistics that stands for Nominal, Ordinal, Interval, and Ratio - the four levels of measurement for variables.

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