d by size: small, medium, and large. Explain why business size is an 1. categorical because it has numerical values that arise from a counting categorical because it has numerical values that arise from a categorical because it has values that represent quantities. categorical because it has values that can only be placed into

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Businesses in a country are listed by size: small, medium, and large. Explain why business size is an
example of a categorical variable.
Choose the correct answer below.
O A. The size of a business is categorical because it has numerical values that arise from a counting
process.
O B. The size of a business is categorical because it has numerical values that arise from a
measuring process.
O C.
The size of a business is categorical because it has values that represent quantities.
O D. The size of a business is categorical because it has values that can only be placed into
categorias
Transcribed Image Text:Businesses in a country are listed by size: small, medium, and large. Explain why business size is an example of a categorical variable. Choose the correct answer below. O A. The size of a business is categorical because it has numerical values that arise from a counting process. O B. The size of a business is categorical because it has numerical values that arise from a measuring process. O C. The size of a business is categorical because it has values that represent quantities. O D. The size of a business is categorical because it has values that can only be placed into categorias
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