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. Variable Level of measurement Type of variable Nominal O Quantitative (a) End-of-year stock classification (high yield, medium yield, or low yield) Ordinal Interval O Categorical Ratio O Quantitative (b) Temperature (in degrees Fahrenheit) O Categorical O Quantitative Nominal Ordinal ○ Interval 00 00 Ratio Nominal Ordinal (c) Price (in dollars) of a shirt on the clearance rack O Categorical Interval Ratio
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. Variable Level of measurement Type of variable Nominal O Quantitative (a) End-of-year stock classification (high yield, medium yield, or low yield) Ordinal Interval O Categorical Ratio O Quantitative (b) Temperature (in degrees Fahrenheit) O Categorical O Quantitative Nominal Ordinal ○ Interval 00 00 Ratio Nominal Ordinal (c) Price (in dollars) of a shirt on the clearance rack O Categorical Interval Ratio
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.1: Stem-and-leaf Plots And Histograms
Problem 20E
Related questions
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
the variable: nominal, ordinal, interval, or ratio. Make sure your responses are the most specific possible.
Variable
Level of
measurement
Type of
variable
Nominal
O Quantitative
(a) End-of-year stock classification (high
yield, medium yield, or low yield)
Ordinal
Interval
O Categorical
Ratio
O Quantitative
(b) Temperature (in degrees Fahrenheit)
O Categorical
O Quantitative
Nominal
Ordinal
○ Interval
00
00
Ratio
Nominal
Ordinal
(c) Price (in dollars) of a shirt on the
clearance rack
O Categorical
Interval
Ratio](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe8cb9bf8-51d1-499d-a487-712a1448dd4c%2Fbd316b78-4fb0-4e45-bc1f-c981f868a4a9%2Fvxdls7_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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.
Variable
Level of
measurement
Type of
variable
Nominal
O Quantitative
(a) End-of-year stock classification (high
yield, medium yield, or low yield)
Ordinal
Interval
O Categorical
Ratio
O Quantitative
(b) Temperature (in degrees Fahrenheit)
O Categorical
O Quantitative
Nominal
Ordinal
○ Interval
00
00
Ratio
Nominal
Ordinal
(c) Price (in dollars) of a shirt on the
clearance rack
O Categorical
Interval
Ratio
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