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A Marketing Survey Is Conducted to Ascertain the Market Potential

Question 162

Multiple Choice

A marketing survey is conducted to ascertain the market potential of several new products.A series of focus groups is used to conduct this survey.At the end of one of the sessions, the group members are asked to rank the remaining eight products in order of desirability.A one indicates the most favored product and an eight is awarded to the least desirable.These numbers are examples of which level of data?


A) Interval level
B) Ordinal level
C) Nominal level
D) Ratio level
E) Relative level

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