Sales of a restaurant (in dollars)are an example of what level of data measurement?
A)Interval level data
B)Ordinal level data
C)Nominal level data
D)Ratio level data
E)Relative level data

Question

Quizplus · Accepted Answer

Sales of a restaurant, measured in dollars, are an example of ratio level data because they have a meaningful zero point (indicating no sales) and the distances between points on the scale are meaningful and consistent. Ratio data allows for a full range of quantitative analysis, including addition, subtraction, multiplication, and division.

Sales of a Restaurant (In Dollars)are an Example of What