Ordinal data has all of the properties of interval data with the added feature that allows us to measure the differences between the categories with actual numbers in a meaningful way

A major characteristic of nurturing people is that they

A) dislike most people. B) are late bloomers in their career. C) promote the growth of others. D) conduct serious negotiations over lunch.

Which of the following are advantages of the buy and hold strategy?

I. rapid accumulation of wealth II. low transaction costs III. capital gains taxed at the long-term rate IV. portfolio requires less time and energy to manage than for most other strategies A) I and II only B) II and III only C) II, III and IV only D) I, II, III and IV