If you have an ordinal variable, it is possible to precisely measure the magnitude of the difference between the possible values of the variable.

Name: If you have an ordinal variable, it is possible to precisely measure the magnitude of the difference between the possible values of the variable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Ordinal variables allow for rank ordering of the data but do not precisely quantify the magnitude of difference between the ranks.

If You Have an Ordinal Variable, It Is Possible to Precisely