Examine the variables of interest for the following situation and identify the type and level of measurement of each variable. In applying for a credit card, the following information are being asked for from each applicant a. nationality b. number of dependents c. length(months) of stay in present address d. residence type (renting, fully owned, company residence, etc) e. class of municipality where the residence is found (low, middle, high income) 3 b C d e VARIABLE TYPE LEVEL

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Examine the variables of interest for the following situation and identify the type and level of
measurement of each variable.
In applying for a credit card, the following information are being asked for from each applicant
a. nationality
b. number of dependents
c. length(months) of stay in present address
d. residence type (renting, fully owned, company residence, etc)
e. class of municipality where the residence is found (low, middle, high income)
3
b
C
d
e
VARIABLE
TYPE
LEVEL
Transcribed Image Text:Examine the variables of interest for the following situation and identify the type and level of measurement of each variable. In applying for a credit card, the following information are being asked for from each applicant a. nationality b. number of dependents c. length(months) of stay in present address d. residence type (renting, fully owned, company residence, etc) e. class of municipality where the residence is found (low, middle, high income) 3 b C d e VARIABLE TYPE LEVEL
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