Which scale of data measurement is appropriate for the names of companies listed on the Dow Jones Industrial Average?
A) Ratio scale
B) Ordinal scale
C) Interval scale
D) Nominal scale

Question

Quizplus · Accepted Answer

The names of companies on the Dow Jones Industrial Average can be classified as nominal data because they are simply labels with no inherent order or numerical value associated with them.

Which Scale of Data Measurement Is Appropriate for the Names