False. The difference between an ordinal scale and a ratio scale is not that the ordinal scale has an absolute zero point. In fact, it is the ratio scale that has an absolute zero point, not the ordinal scale.
An ordinal scale is a type of measurement scale that categorizes data in a specific order or rank. However, it does not provide information about the differences between the ranks. For example, in a race, you can rank the participants as first, second, and third, but you cannot determine the exact difference in time or distance between them using just the ordinal scale.
On the other hand, a ratio scale is a measurement scale that has all the properties of an interval scale, along with a true zero point. This zero point indicates the absence of the quantity being measured. For example, in measuring weight, a zero value means there is no weight. The ratio scale allows for meaningful comparisons and calculations, such as ratios and differences, because it has an absolute zero point.
In summary, the key difference between an ordinal scale and a ratio scale is that the ratio scale has an absolute zero point, which allows for more precise and meaningful measurements, while the ordinal scale does not.