FORESTRY
AGRICULTURAL STATISTICS AND ECONOMICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It has same criteria as interval scales but has an absolute zero and multiples are meaningful.
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Interval Scales
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Ordinal data
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Ratio Scales
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Nominal data
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Data
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Explanation:
Detailed explanation-1: -The primary difference between interval and ratio scales is that, while interval scales are void of absolute or true zero, ratio scales have an absolute zero point.
Detailed explanation-2: -Ratio scale bears all the characteristics of an interval scale, in addition to that, it can also accommodate the value of “zero” on any of its variables.
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