43 A recent survey of 200 small firms annual revenue less th

(43)

A recent survey of 200 small firms (annual revenue less than $10 million) asked whether an increase in the minimum wage would cause the firm to decrease capital spending. Possible responses to the survey question were: \"Yes,\" \"No,\" or \"Don\'t Know.\" These data are best classified as ____________.

interval scale
ratio scale
nominal scale
ordinal scale

Solution

nominal scale

(43) A recent survey of 200 small firms (annual revenue less than $10 million) asked whether an increase in the minimum wage would cause the firm to decrease ca

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