For each of the variables described below indicate whether i
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.
Solution
Note that ratio variable has a zero minimum value, while interval has not.
An ordinal variable has natural ordering, while nominal has not.
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price in dollars [quantitative, ratio]
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a shirt on clearance rack [qualitative, nominal]
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temp in celcius [quantitative, interval]
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occupation [qualitative, nominal]
