Exhibit 1-3
Part of the data bank of a corporation is shown below.
-Refer to Exhibit 1-3. Yearly Salary is an example of ________ data.
A)nominal
B)ordinal
C)interval
D)ratio

Question

Exhibit 1-3
Part of the data bank of a corporation is shown below. 
-Refer to Exhibit 1-3. Yearly Salary is an example of ________ data.
A)nominal 
B)ordinal 
C)interval 
D)ratio

Quizplus · Accepted Answer

Yearly salary is an example of ratio data because it has a true zero point and allows for meaningful comparisons using multiplication and division.

Exhibit 1-3 Part of the Data Bank of a Corporation Is Shown