Why is net income or net sales better defined as ratio data instead of interval data?

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Introduction To Business Analytics

ISBN: 9781265454340

1st Edition

Authors: Vernon Richardson, Marcia Watson

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Question Posted: May 24, 2023 01:42 AM

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Why is net income or net sales better defined as ratio data instead of interval data?

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Net income and net sales are better defined as ratio data rather than interval data due to the nature of their measurements and the mathematical opera...View the full answer

Introduction To Business Analytics

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