Numbers Which Are Used to Rank-Order the Performance of Workers

question 75

True/False

Numbers which are used to rank-order the performance of workers represent data measured at the interval level.

---

Definitions:

Disabled-Parking Passes

Permits issued to individuals with disabilities that allow them to park in designated spaces close to building entrances for easier access.

Efficiency

The extent to which resources are allocated in the most effective manner, maximizing output from a set of inputs.

Equity

Equity refers to fairness or justice in the way people are treated and is often considered in economic and legal contexts to ensure fair distribution of resources and opportunities.

Economic Theory

A framework or system of ideas that explains and analyzes the production, distribution, and consumption of goods and services.