The <u>ordinal data</u> is type of data is also called ranked data and expresses the comparative evaluation of various characteristics or entities, and relative assignment of each, to a class according to a set of criteria.
<u>Explanation:</u>
A categorical, quantitative category of data where there are normal, organized categories of variables and the ranges between the categories are not established is understood as an ordinal data. These information occurs on an ordinal dimension, one of the 4 calculation rates defined in 1946 by S. S. Stevens. An illustration of ordinal data is a satisfaction score on a range of 1-10. There is no uniform significance for the disparity between one score and the next in level results.
Answer:
Studying the origin and growth of sociology is important because it helps you better understand ideas that lead to its origin. It is what shapes the subjects' matter by following principles and perceptions created by itself.
____________________________________________________________
Hope this helps!!
If I am wrong, please tell me, I enjoy learning from my mistakes:)
Fiduciaries
Trust company, investment broker
Professional Advisers
investment consultant, integrated wealth advisor, financial planner
Product/Service Providers
Custodian, attorney, insurance agent
The good things and the bad things,I hope i helped out.
Answer: Skimming price
Explanation:
Skimming pricing or skimming price policy is defined as the scheme through which marketer of any particular product or service sets a high price at initial stage and then tends it to decrease it accordingly. It can also be remarked with the price discrimination technique which is used for gaining more money and benefit
According to the situation mentioned in the question,cellphones are being sold at high price because no other company has similar technology phones, thus the customers will pay high price for buying it .After a gradual time when similar technology phones are introduced in market, price of that particular phone decreases.
