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3 years ago

A market researcher finds the price of several brands of fabric softener. What is the level of measurement of the data?

Mathematics

1 answer:

Rom4ik [11]3 years ago

5 0

Answer:

ratio

Step-by-step explanation:

The levels of measurement are ...

Nominal
Ordinal
Interval
Ratio

Both interval and ratio level measurements deal with numerical data. The difference is that ratio-level measurements use a numerical scale that includes an absolute zero, and scale values are proportional to the quantity they represent.

Price data is a ratio level of measurement.

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