What is the level of measurement for WTO in this data set? Select one: A. Nominal B. Ordinal C. Interval/Ratio
What is the level of measurement for WTO in this data set? Select one: A. Nominal B. Ordinal C. Interval/Ratio
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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What is the level of measurement for WTO in this data set?
Select one:
A.
Nominal
B.
Ordinal
C.
Interval/Ratio

Transcribed Image Text:The table provides an overview of various economic indicators and ratings for four nations: Armenia, Australia, Austria, and Azerbaijan.
- **Nation**: Lists the countries being analyzed.
- **WTO Status**: Indicates whether the country is a member or observer of the World Trade Organization (WTO).
- Armenia: Member
- Australia: Member
- Austria: Member
- Azerbaijan: Observer
- **Per Capita GDP**: Shows the average economic output per person, in USD.
- Armenia: 5,400
- Australia: 40,800
- Austria: 41,700
- Azerbaijan: 5,400
- **Trade Deficit**: Reflects the difference between the country’s imports and exports, in USD. A negative value indicates a trade surplus.
- Armenia: 2,673,359
- Australia: -33,304,157
- Austria: 12,796,558
- Azerbaijan: -16,747,320
- **Fitch Rating**: A credit rating assigned by Fitch Ratings indicating the country’s creditworthiness.
- Armenia: BB-
- Australia: AAA
- Austria: AAA
- Azerbaijan: BBB-
- **Fitch Outlook**: Describes the potential future direction of the Fitch Rating.
- Armenia: Stable
- Australia: Stable
- Austria: Stable
- Azerbaijan: Positive
This data provides insights into the economic status and credit ratings of these countries, which are useful for educational and analytical purposes.
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