The burgeoning use of ordinal data throughout the Empirical Sciences calls for location and variation measurement instruments suitable for such data environments. Neither Pearson's Coefficient of Variation nor the Sharpe Ratio, relative variation comparison workhorses in cardinal worlds, are...

Measuring growth with ordered categorical variables is problematic due to their lack of cardinal measure and the equivocation and ambiguity inherent in the arbitrary attribution of cardinal scale to ordinal variates. Here, noting that the mean in a cardinal paradigm is the cumulation over its...