Question: Explain the difference between nominal, ordinal and interval level variables.

Explain the difference between nominal, ordinal and interval level variables.

Step by Step Solution

★★★★★

3.29 Rating (175 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Table 144 Nominal ordinal and interval variables Nominal is the lowest level of measurement No assumptions can be made about relations between the val... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

743-B-B-C-B-M (1160).docx

120 KBs Word File

Students Have Also Explored These Related Business Communication Questions!

Explain the difference between nominal and real variables and give two examples of each. According to the principle of monetary neutrality, which variables are affected by changes in the quantity of...

Explain the difference between nominal rate of interest and periodic rate of interest.

What is the difference between nominal and real GDP?

QUESTION 11 A study examines people's television watching time. The researchers found that adults spend on average 10.4 hours watching TV with a standard deviation of 4.8 hours. What percentage of...

Part B (40 marks) i) (20 marks) You will need to design a questionnaire for the study you stated in Part A as a vehicle to find solutions for improving continued usage of e-learning/user...

Want to know part B answers Part A (20 marks) "Fear is an adaptive response in the presence of danger. However, when threat is uncertain and continuous, as in the current coronavirus disease...

Part B (40 marks) i have provided part A it is in the "info related" The independent variable chosen for X is health anxiety and the independent variable chosen for Y is the information from media....

A project assignment is given to Graduate students to present an application for the statistical methods discussed in class. The intent of the project is to give the student experience in doing...

i) You will need to design a questionnaire for the study you stated in Part A as a vehicle to find predictors for the free of coronavirus. Your questionnaire must include an introduction and 15...

can you help me please Prepare a brief questionnaire (15 questions: 5 nominal, 5 ordinal, 5 interval level variables) to study perceptions of crime near John Jay. Include questions asking respondents...

This case is about St. Louis County, which is in Northern Minnesota and includes Duluth. You are going to use 2023 budget numbers and 2021 CAFR numbers. If you get lost, you can always to go back to...

As a quality control check, a sample of acetone is taken from a process to determine the concentration of suspended particulate matter. An 850-mL sample was placed in a beaker and evaporated. The...

Analyze financial statements using two forms of common-size analysis: horizontal analysis and vertical analysis.

Make a table of the major changes to each of the Big-5 Institutions implied by the Constitutional Treaty (use http://europa.eu.int/scadplus/constitution/index_en.htm to get more details than are...

Comment on the ethics of the following situations: a. A political action committee conducts a survey about its cause. At the end of the questionnaire, it includes a request for a donation. b. A...

How might the business research industry take action to ensure that the public believes that telephone surveys and door-to-door interviews are legitimate activities and that firms that misrepresent...

Why is the mobile phone likely to be an ineffective way of reaching potential respondents in America?

M&M Proposition I with taxes states that the: Select one: a. Value of a levered firm is equal to the present value of the interest tax shield plus the value of an unlevered firm. b. Required return...

A leader who sets levels of expectation, then gives direction and guidance and determines work schedules uses what type of leadership theory? O A. Supportive O B. Directive OC. Participative O D....

You have approached your local bank for a start-up loan commitment for $290,000 needed to open a computer repair store. You have requested that the term of the loan be one year. Your bank has offered...