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Correct

A rank is a score on an ordinal scale. This means that
it does inform us about identity (which persons are at
which ranks) and magnitude (the order of the scores such
as 1st, 2nd, and so on). But rankings do not reflect equal intervals.
For example, the difference between the student ranked first in
grade point average and the student ranked second might be far
different from the distance between the second and the third ranked
students. Also, there is no absolute zero in the ordinal scale.