GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following can be classified as quantitative data?
A
interval and ordinal
B
ratio and ordinal
C
nominal and ordinal
D
interval and ratio
Explanation: 

Detailed explanation-1: -Top Answer. d . Explanation: A ratio scale and the interval scale are known as a type of variable measurement scale that compares the quantitative measures or differences.

Detailed explanation-2: -Nominal-and ordinal-scale variables are considered qualitative or categorical variables, whereas interval-and ratio-scale variables are considered quantitative or continuous variables.

Detailed explanation-3: -Quantitative data consist of numerical measurements or counts. There are four different levels of measurement which determines which statistical calcula-tions are meaningful. They are nominal, ordinal, interval, and ratio.

There is 1 question to complete.