Answer
Apr 14, 2025 - 09:03 AM
A cardinal indicator is a type of measure that quantifies a specific attribute or phenomenon, allowing for the comparison of different entities based on numerical values. Unlike ordinal indicators, which rank entities in order, cardinal indicators provide precise, quantifiable data that can be added, subtracted, or averaged. These indicators are often used in economics, statistics, and various fields to assess performance, growth, or other measurable aspects.
