Question: For each of the variables described below, indicate whether it is a quantitative or a categorical (qualitative) variable. Also, indicate the level of measurement for

For each of the variables described below, indicate whether it is a quantitative or a categorical (qualitative) variable. Also, indicate the level of measurement for the variable: nominal, ordinal, interval, or ratio. Make sure your responses are the most specific possible.

VariableType of variableLevel of measurement(a) Closing price (in dollars) of a stock

Quantitative

Nominal

Ordinal

Categorical

Interval

Ratio

(b) Medal won in a recent race (gold, silver, bronze, or none)

Quantitative

Nominal

Ordinal

Categorical

Interval

Ratio

Quantitative

Nominal

Ordinal

Categorical

Interval

Ratio

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