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In: Accounting

Identify and list various categories of data that are used in statistical analysis. Give few suitable...

Identify and list various categories of data that are used in statistical analysis. Give few suitable examples.

Expert Solution

Categories of data

Norminal data

these are discrete units and used for label variables which do not have a quantitative form and dont have a order also

example; Gender-male or female ,Known languages-English,spanish,German

Ordinal data

Thses are in form of an order and discrete units.It is commonly deals with non numeric data

example;Acadamic grade-A,B,C,D ,Attitudes-strongly disagree,disagree,nuetral,agree,strongly agree

Discrete data

Data that can be counted but cannot be measured.

example- number of students in a class, number of books in a bag etc

Continuous data

Data that can be measured not countable

example- hieght of a person, weight of a person etc

Interval data

Data that are ordered with same difference.ie difference between the values are same

example-temperature (-5,0,5,10 etc)

Ratio data

same as an interval data,but it contains an absulute zero value

example-measurement of hieght,weight

ekkarill92 answered 1 year ago

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