BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

RESEARCH METHODOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What type of variable is used on a study or test that ranks competitors from best to worst?
A
ordinal
B
nominal
C
ratio
D
interval
Explanation: 

Detailed explanation-1: -Ordinal Data Levels of Measurement Values of ordinal variables have a meaningful order to them. For example, education level (with possible values of high school, undergraduate degree, and graduate degree) would be an ordinal variable.

Detailed explanation-2: -Therefore, it is an interval the score is an interval variable.

Detailed explanation-3: -Ordinal: Used to measure variables in a natural order, such as rating or ranking. They provide meaningful insights into attitudes, preferences, and behaviors by understanding the order of responses. Interval: Used to measure variables with equal intervals between values.

Detailed explanation-4: -The most appropriate statistical tests for ordinal data focus on the rankings of your measurements. These are non-parametric tests. Parametric tests are used when your data fulfils certain criteria, like a normal distribution. While parametric tests assess means, non-parametric tests often assess medians or ranks.

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