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#reading-8-statistical-concepts-and-market-returns
There is no "true" zero point for ordinal scales, since the zero point is chosen arbitrarily.
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Subject 2. Measurement Scales
13; Two categories might be value and growth. Within each category, the portfolio managers measured will be weighted according to performance on a scale from 1 to 10, with 1 being the best- and 10 the worst-performing manager. <span>There is no "true" zero point for ordinal scales, since the zero point is chosen arbitrarily. The lowest point on the rating scale in the example was arbitrarily chosen to be 1. It could just as well have been 0 or -5. Interval Scale Interval scale


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