Classify each of the following as nominal, ordinal, interval, or ratio data. a.
ID: 3274766 • Letter: C
Question
Classify each of the following as nominal, ordinal, interval, or ratio data. a. The ranking of a company in the Fortune 500 b. The number of tickets sold at a movie theater on any given night c. The identification number on a questionnaire d. Per capita income e. The trade balance in dollars f. Profit/loss in dollars g. A company's tax identification h. The Standard & Poor's bond ratings of cities based on the following scales:
RATING GRADE
Highest quality AAA
High quality AA
Upper medium quality A
Medium quality BBB
RATING GRADE
Somewhat speculative BB
Low quality, speculative B
Low grade, default possible CCC
Low grade, partial recovery possible CC
Default, recovery unlikely C
Explanation / Answer
Ans:
a.The ranking of a company by fortune 500
ordinal
b.The number of tickets sold at a movie theater on any given night.
ratio
c.the identification number on a questionnaire.
nominal
d.per capita income.
ratio.
e.The trade balance in dollars.
interval
f.Profit/loss in dollars.
interval
g.A company’s tax identification.
nominal
h.The Standard & Poor’s bond rating of cities based on the following scale.
ordinal