How is the interval scale more sophisticated than the nominal and ordinal scales?
Answer to relevant QuestionsWhy is the ratio scale the most powerful of the four scales. “The job involvement measure described in the appendix is reflective in nature.” Comment on this statement. a. Explain what precision and confidence are and how they would influence sample size. b. Discuss what is meant by the statement: There is a trade off between precision and confidence under certain conditions. A magazine article suggested that “Consumers 35 to 44 will soon be the nation’s biggest spenders, so advertisers must learn how to appeal to this “over-the-thrill crowd”. If this suggestion appeals to an apparel ...Consider the following reliability analysis for the variable customer differentiation. What could you conclude from it?
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