What is the main difference between numeric variable and categorical variable; the main difference between ordinal...

What is the main difference between numeric variable and categorical variable; the main difference between ordinal variable and nominal variable; the main difference between ratio variable and interval variable?

Expert Solution

orchestra answered 3 years ago

classify each variable as quantitative or categorical. for categorical- state whether its ordinal or nominal for...

classify each variable as quantitative or categorical. for categorical- state whether its ordinal or nominal for quantitative- state whether its continuous or discrete and whether the level of measurement is ratio or interval VARIABLES: Marital Status Happiness Cholestoral Change Blood Pressure Change Vision Change Age Male

1 For each of the following variables, identify the type of variable (numeric or categorical) and...

1 For each of the following variables, identify the type of variable (numeric or categorical) and level of measurement (nominal, ordinal, interval, or ratio). a. Business size (micro, small, medium, large) b. Airplane ticket price 2 Consider the following sample of data: 1.2 28.4 32.6 17.0 13.5 2.2 38.0 41.4 1.9 14.4 21.8 23.8 a. Calculate the quartiles. b. Calculate the average c. Calculate the standard deviation. 3 Given the following ﬁve-number summary, are there any outliers in the data? Min:...

Explain the difference between a data literal and a variable and how Java interprets numeric literals...

Explain the difference between a data literal and a variable and how Java interprets numeric literals in your code

• Define each type of variable: dichotomous, ordinal, categorical, continuous • Define the following study designs:...

• Define each type of variable: dichotomous, ordinal, categorical, continuous • Define the following study designs: Randomized controlled trial, prospective cohort study, case-control study, crossover study. • Define in dependent versus independent samples.

. What is an imperative, in Kant’s philosophy? What is the difference between hypothetical and categorical...

. What is an imperative, in Kant’s philosophy? What is the difference between hypothetical and categorical imperatives? Into which category does he think moral demands fall, and why?

What is the difference between ordinal data and ratio data? What is the variance for problem...

What is the difference between ordinal data and ratio data? What is the variance for problem number 3? #3 Identify the mode and median of the following data. Compute the mean, range and standard deviation as well. 3 place decimals please!! 18, 20, 19, 22, 20 25 Points – Mode, median and range are 3 points each, mean is 6 points, and standard deviation is 10 points

What is the main difference between notes payable and bonds payable? What is the main difference...

What is the main difference between notes payable and bonds payable? What is the main difference between a bond and a share of stock? What does it mean to issue bonds at Par? Discount? Premium? What is the contract rate and the market rate for bonds? How do you compute total bond interest expense when a bond is sold at a discount? Explain your answer. How do you compute bond interest expense when a bond is sold at a premium?...

What is the difference between the scales of measurement? Specifically Ordinal, Interval and Ratio scales of...

What is the difference between the scales of measurement? Specifically Ordinal, Interval and Ratio scales of measurement because they are all very similar. Please provide good examples and explanation so I can understand the difference and not be confused when trying to determine/ solve for a variable. Example: Each voter was asked to rate their support for the current government on a scale from 0-100 (zero indicates no support whatsoever, while 100 indicates fully supporting the current government). Voter support...

Types of data: are they nominal, ordinal, interval, or ratio? And are they categorical or continuous?

Types of data: are they nominal, ordinal, interval, or ratio? And are they categorical or continuous? Gender (1=female/2=male)- my answers are nominal and categorical Work status (1=part-time/2=full-time) - my answers are nominal and categorical Hours worked per week (1 through 99 hours) - my answers are ratio and continuous Region (1=Northwest/2=West/3=Southwest/4=Midwest) - my answers are nominal and categorical Performance (1=below avg/2=avg/3=above avg) - my answers are ordinal and continuous Organizational commitment (1=not at all through 7=very committed) - my...

h) What is the difference between fixed costs and variable costs? What is the difference between...

h) What is the difference between fixed costs and variable costs? What is the difference between accounting costs and economic costs? What is the differ - ence between private costs and external costs? Name all the categories that comprise economic costs. i) How do we determine the profit-maximizing level of production using analy - sis of total costs and total revenues? What is the rule for profit maximization using marginal analysis? What happens to economic profits in a perfectly competitive...

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