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Determine which of the four levels of measurement (nominal, ordinal, interval, ratio) is most appropriate for the data below. internet speed levels of "fast comma " "medium comma " and "slow" choose the correct answer below. a. the ordinal level of measurement is most appropriate because the data can be ordered comma but differences left parenthesis obtained by subtraction right parenthesis cannot be found or are meaningless. nothing nothing nothing nothing nothing b. the interval level of measurement is most appropriate because the data can be ordered comma differences left parenthesis obtained by subtraction right parenthesis can be found and are meaningful comma and there is no natural starting point. c. the nominal level of measurement is most appropriate because the data cannot be ordered. nothing d. the ratio level of measurement is most appropriate because the data can be ordered comma differences left parenthesis obtained by subtraction right parenthesis can be found and are meaningful comma and there is a natural starting point.

Why is investing in a mutual fund less risky than investing in a particular company's stock? a. mutual funds only invest in blue-chip stocks. b. investments in mutual funds are more liquid. c. mutual funds hold a diversified portfolio of stocks. d. investments in mutual funds offer a higher rate of return.

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