Question: In each of the following scenarios deine the type of

In each of the following scenarios, deine the type of measurement scale.
a. An investor collects data on the weekly closing price of gold throughout a year.
b. An analyst assigns a sample of bond issues to one of the following credit ratings, given in descending order of credit quality (increasing probability of default): AAA, AA, BBB, BB, CC, D.
c. The dean of the business school at a local university categorizes students by major (i.e., accounting, finance, marketing, etc.) to help in determining class offerings in the future.



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  • CreatedJanuary 28, 2015
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