Multiple Choice
Morningstar Mutual Funds analyzes the risk and performance of mutual funds.Each mutual fund is assigned an overall rating of one to five stars.One star is the lowest rating, and five stars is the highest rating.This level of measurement is __________.
A) ordinal level
B) interval level
C) nominal level
D) ratio level
E) relative level
Correct Answer:
Verified
Correct Answer:
Verified
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