Data with an equal and definitive interval between each data point and absolute "zero" in the point of origin measuring transactions amounts for revenues and expenses would be considered __________.
A) ratio data
B) counting data
C) categorical data
D) ordinal data

Question

Quizplus · Accepted Answer

Ratio data is characterized by having an absolute zero point and equal intervals between data points, which is suitable for measuring quantities like revenue and expenses.

Data with an Equal and Definitive Interval Between Each Data