Price of company stock would be an interval level and could also be a ratio level because it has a true zero...correct?

Question

anonymous · Answer

correct,

the company must go broke for it to go to zero though, lol

anonymous · Answer

would we in that case say it's a ratio level, without the interval level. I mean to say its a ratio level would be sufficient.

anonymous · Answer

well, u use ratio when u r COMPARING it with the stock price of another company

anonymous · Answer

I'm not sure if we're referring to a comparison of different stocks. The question in my book refers to "a robotic company" and it asks for the "Price of company's stock". would that change the level to interval?

anonymous · Answer

as u said, it can be both

anonymous · Answer

ok we'll go with that then LOL

anonymous · Answer

thanks

anonymous · Answer

welcome