Tobias Smith is working with his company's data to examine inventory information. His intent is to use the variables to express ratios on inventory turnover. Based on this description, what is the strongest level of measurement being used?
A) continuous variable
B) interval scale
C) categorical
D) ratio scale

Question

Quizplus · Accepted Answer

Inventory turnover involves calculations that produce continuous data, which can be zero and have a meaningful zero point, indicating no inventory turnover. This aligns with the characteristics of a ratio scale, which supports operations like division and multiplication, making it the strongest level of measurement for expressing ratios on inventory turnover.

Tobias Smith Is Working with His Company's Data to Examine