Q1. Which measure of scale has a true zero point as the origin? A) Nominal scale. B) Ordinal scale. C) Ratio scale.
Q2. Fifty mutual funds are ranked according to performance. The five best performing funds are assigned the number 1, while the five worst performing funds are assigned the number 10. This is an example of a(n): A) interval scale. B) ordinal scale. C) nominal scale.
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