Thinking skills are internal mental processes like focusing, analyzing information, making mental connections, and generating ideas.
People skills are interpersonal skills like listening, communication, and building relationships.
Both types of skills are essential for success.
An analyst collects data on the weekly closing price of gold throughout a year. the scale of this data is ratio scale.
<h3>What is a ratio scale?</h3>
This is the type of quantitative scale that would have the true zero as well as intervals that would be the same between the intervals. This is unlike the interval scale where there is a 0 on the ratio scale it tells us that the variable that is measure is absent.
Hence we can say that if An analyst collects data on the weekly closing price of gold throughout a year. the scale of this data is ratio scale.
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Answer:
Strategic planning.
Explanation:
Strategic planning refers to the process by which an organization systematically outlines its desired direction in the future.It typically involves identifying goals and objectives,as well as the measures of achieving the envisioned plan.
Some hotels ask their guests to rate the hotel's services as excellent, very good, good, and poor. This is an example of the ordinal scale.
What is ordinal scale and instance?
“Ordinal” indicates “order”. Ordinal information is quantitative information which have clearly happening orders and the distinction between is unknown. it could be named, grouped and also ranked. as an example: “How satisfied are you with our products?”
What is supposed by using ordinal scale?
The Ordinal scale includes statistical facts type in which variables are so as or rank however with out a degree of distinction between categories. The ordinal scale incorporates qualitative information; 'ordinal' that means 'order'. It places variables in order/rank, only allowing to measure the value as better or lower in scale.
What type of scale is ordinal?
The ordinal scale is the 2d degree of dimension that reports the ordering and ranking of records with out establishing the degree of version between them. Ordinal represents the “order.” Ordinal records is known as qualitative data or specific statistics. it is able to be grouped, named and additionally ranked.
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