Following are the components of a data set containing purchase details of a shoe manufacturing company. Identify the ratio data.
A) Item Number
B) Rank of suppliers
C) Item cost
D) Arrival Date

Question

Quizplus · Accepted Answer

Item cost is an example of ratio data because it has a true zero point (meaning no cost or free) and can be compared using division (e.g., one item can cost twice as much as another).

Following Are the Components of a Data Set Containing Purchase