Statıstıcs I Deneme Sınavı Sorusu #815765
Inflation rate, which compares the prices of a basket of products over time, is a _______ variable.
Which of the following correctly fills the blank above?
Interval-scale |
Nominal-scale |
Ratio-scale |
Ordinal-scale |
Categorical-scale |
Yanıt Açıklaması:
As a general rule, most data on monetary values and those coming from physical measurements (e.g., lira, gold price, centimeters, and kilograms) are ratio-scale variables.
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