The director of the Art Institute would like to present some data on the size of donations in this year’s annual report. He selects the following four categories to summarize donations:
Friend of the Institute ………….. ($ 25 to $ 99)
Silver Member ………………….. ($ 100 to $ 249)
Gold Member …………………… ($ 250 to $ 499)
Platinum Member ……………….. ($ 500 and above)
To get a sense of what the data will look like, the director gives you a sample of donations measured at the interval level and asks you to apply the coding scheme. Create an ordinal- level variable for donations using the data below.
Interval Version (in $) Ordinal Version
25 …………………………………………….
150 ……………………………………………
75 …………………………………………….
450 ……………………………………………
100 ……………………………………………
750 ……………………………………………
90 …………………………………………….
175 …………………………………………..
250 …………………………………………..
50 …………………………………………….