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.| Variable | Type of variable | Level of measurement ||-----------------------------------------------------------------|----------------------------------------|-----------------------------------|| (a) Temperature (in degrees Celsius) | ☐ Quantitative | ☐ Nominal || | ☐ Categorical | ☐ Ordinal || | | ☐ Interval || | | ☐ Ratio || | || (b) Closing price (in dollars) of a stock | ☐ Quantitative | ☐ Nominal || | ☐ Categorical | ☐ Ordinal || | | ☐ Interval || | | ☐ Ratio || | || (c) End-of-year stock classification (high yield, medium yield, or low yield) | ☐ Quantitative | ☐ Nominal || | ☐ Categorical | ☐ Ordinal || | | ☐ Interval || | | ☐ Ratio |**Explanation:**- **Variable (a):** Temperature in degrees Celsius is typically considered a quantitative variable and is measured on an interval scale (since it has meaningful intervals between values, but no true zero point). - **Variable (b):** Closing price of a stock in dollars is a quantitative variable and is measured on a ratio scale (since it has a true zero point and meaningful intervals).- **Variable (c):** End-of-year stock classification (high yield, medium yield, or low yield) is a categorical variable and is measured on an ordinal scale (since the categories have a meaningful order).

Quantitative Variables are variables which take numerical values and can be quantified whereas…

For each of the variables described below, indicate wnether it IS quantitative or categorical (qualitative) varlable. AISO, indicate the level of measurement for the variable: nominal, ordinal, interval, or ratio. Make sure your responses are the most specific possible. Туре of Level of Variable ? variable measurement ONominal OQuantitative O Ordinal (a) Temperature (in degrees Celsius) OInterval OCategorical ORatio ONominal OQuantitative OOrdinal (b) Closing price (in dollars) of a stock OInterval OCategorical ORatio ONominal OQuantitative (c) End-of-year stock classification (high yield, medium yield, or low yield) O Ordinal Interval O Categorical

For each of the variables described below, indicate wnether it IS quantitative or categorical (qualitative) varlable. AISO, indicate the level of measurement for the variable: nominal, ordinal, interval, or ratio. Make sure your responses are the most specific possible. Туре of Level of Variable ? variable measurement ONominal OQuantitative O Ordinal (a) Temperature (in degrees Celsius) OInterval OCategorical ORatio ONominal OQuantitative OOrdinal (b) Closing price (in dollars) of a stock OInterval OCategorical ORatio ONominal OQuantitative (c) End-of-year stock classification (high yield, medium yield, or low yield) O Ordinal Interval O Categorical

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: For each of the variables described below, indicate whether it is a quantitative or a categorical…

A: a) The variable is temperature (in degree Celsius).

Q: Determine the level of measurement of the varlable he medal recelved (gold, silver, bronze) by an…

A: Solution

Q: Please please how to write if based on the following tables, identify the test, interpret the…

A: In the given situation, The dependent variable is Gallons Per 100Miles. The independent variables…

Q: hen might we be likely to use a coefficient of а. when comparing measurements that are b. when…

A: Coefficient Of Dispersion is used to compare the variability of the two data set that differ widely…

Q: What is the scale of measurement (type of variable) of the following variable? Age

A: Scales of measurement refer to ways in which variables or numbers are defined and categorised. Each…

Q: Identify the level of measurement corresponding to the da Temperature in ( Degrees Fahrenheit) of a…

A: It can easily observe that the temperature of a place is to be measured in numbers and it can be…

Q: First blank choices : quantitative / qualatative second blank choices : attributes or labels /…

A: Quantitative variables: The qualitative variable is the variable which records a numerical quantity.…

Q: Glaucoma is a leading cause of blindness in the United States, N. Ehlers measured the difference in…

A: Given: μd= difference between corneal thickness of normal eye – corneal thickness of eye with…

Q: The rating of the overall quality of your campus coffee shop, on a scale from "Excellent" to "Poor"…

A: Here we need to choose from the correct option.

Q: Glaucoma is a leading cause of blindness in the United States, N. Ehlers measured the difference in…

A: Introduction: The output of a paired t-test is given.

Q: Match each description of data to the level of measurement it represents. Final exam scores,…

A: Nominal Scale: Nominal scale consists of two or more named categories into which the objects are…

Q: Use the following table to determine whether or not there is a significant difference between the…

Q: For each of the variables described below, indicate whether it is a quantitative or a categorical…

A: (a) Duration (in minutes) of a call to a customer support line is quantitative type of variable…

Q: All 4 questions. Thanks

A: Step 1: Step 2: Step 3: Step 4:

Q: YOUR PROBLEM B: The surge function model has the formula below (r is the elapsed time, A, n, B, C…

A: We will use derivative to find the value of A and B. Which helps to identify concave up and down .

Q: Identify two types of variables and four scales of measurement. How they are related with each…

A: Variables: In statistics, variable is defined as an entity which may takes different values. It…

Q: 1) Inspect the data and estimate the amount of blood lost due to one hookworm. (mL/day)

A: X Y (x-xbar) (x-xbar)^2 (y-ybar) (y-ybar)^2 (x-xbar)*(y-ybar) 24 12.2 -26.83333 720.02778…

Q: For each of the variables described below, indicate whether it is a quantitative or a categorical…

A: The levels of measurement used to represent the variables as per the characteristics attached to the…

Q: Report the level of measurement of each variable/ question below. In addition, report an appropriate…

A: The first variable is Hours of workingThe number of hours working can be absolute zero and also all…

Q: Classify the variable as qualitative or quantitative. the temperatures of cups of coffee served at a…

A: Quantitative : measures of values or counts and are expressed as numbers Qualitative : measures of…

Concept explainers

Average

In mathematics, everyone must have heard the term average in one place or other. Almost all types of calculation require taking out an average. In everyday life, the term is used for denoting a certain amount that can be said to be a typical quantity for multiple people or objects. In other words, if a group of people possesses a certain object, then the average gives us an idea regarding the quantity of the object possessed by each person. However, this is solely based on mathematical calculation. It is important to note that most people will not strictly have the average value in a group.

Question

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.

| Variable | Type of variable | Level of measurement |
|-----------------------------------------------------------------|----------------------------------------|-----------------------------------|
| (a) Temperature (in degrees Celsius) | ☐ Quantitative | ☐ Nominal |
| | ☐ Categorical | ☐ Ordinal |
| | | ☐ Interval |
| | | ☐ Ratio |
| | |
| (b) Closing price (in dollars) of a stock | ☐ Quantitative | ☐ Nominal |
| | ☐ Categorical | ☐ Ordinal |
| | | ☐ Interval |
| | | ☐ Ratio |
| | |
| (c) End-of-year stock classification (high yield, medium yield, or low yield) | ☐ Quantitative | ☐ Nominal |
| | ☐ Categorical | ☐ Ordinal |
| | | ☐ Interval |
| | | ☐ Ratio |

**Explanation:**

- **Variable (a):** Temperature in degrees Celsius is typically considered a quantitative variable and is measured on an interval scale (since it has meaningful intervals between values, but no true zero point).

- **Variable (b):** Closing price of a stock in dollars is a quantitative variable and is measured on a ratio scale (since it has a true zero point and meaningful intervals).

- **Variable (c):** End-of-year stock classification (high yield, medium yield, or low yield) is a categorical variable and is measured on an ordinal scale (since the categories have a meaningful order).

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Types of Data and Their Measurement$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions

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. Туре of Level of Variable variable ? measurement O Nominal Quantitative O Ordinal (a) Gender O Interval Categorical O Ratio O Nominal O Quantitative O Ordinal (b) Temperature (in degrees Celsius) O Interval O Categorical O Ratio O Nominal O Quantitative (c) Height (in centimeters) of an Olympic athlete Ordinal O Interval O Categorical O Ratio
Calate the in definide integual
Variable Name: Age Variable Definition: students' current age, reported by student Range: 17-100 Is the variable age considered nominal, ordinal, interval or ratio descriptive measure?
Level of measurement for I.V.: Brushing your teeth D.V: The number of cavities.
Dr. Heim uses a 1 to 30-point scale to measure Life Contentment among a small sample of college students. The responses for the 6 people in the study are: 20, 28, 7, 13, 8 & 15 For this example, The equation 28 – 7 = 21 represents the: blank 20, 28, 7, 13, 8 & 15 are the: blank 1 to 30 are the: blank 6 is the: blank Range Mode Y Score(s) Value(s) Variance Median Range N Variable(s)
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. Variable Type of variable Level of measurement (a)Duration (in minutes) of a call to a customer support line Quantitative Categorical Nominal Ordinal Interval Ratio (b)Exchange on which a stock is traded (NYSE, AMEX, or other) Quantitative Categorical Nominal Ordinal Interval Ratio (c)Temperature (in degrees Celsius) Quantitative Categorical Nominal Ordinal Interval Ratio
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. Variable Level of measurement Nominal Type of variable O Quantitative (a) Temperature (in degrees Celsius) O Categorical ○ Ordinal ○ Interval ◇ Ratio X (b) Type of shirt on the clearance rack (long-sleeved with collar, long- sleeved without collar, short-sleeved with collar, or short-sleeved without collar) (c) Length (in feet) of a roll of plastic wrap advertised to be 30 feet long Quantitative O Categorical ○ Nominal ○ Ordinal ○ Interval ○ Ratio O Quantitative O Categorical ○ Nominal O Ordinal ○ Interval O Ratio
help me please.
Please, I want a correct and clear solution to all paragraphs
Solve all parts
Which scale of measurement is used in terms used for classifying participants into groups the increasing temperature of hot peppers a ruler in centimeters height.
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. Variable Level of measurement Type of variable Nominal O Quantitative (a) End-of-year stock classification (high yield, medium yield, or low yield) Ordinal Interval O Categorical Ratio O Quantitative (b) Temperature (in degrees Fahrenheit) O Categorical O Quantitative Nominal Ordinal ○ Interval 00 00 Ratio Nominal Ordinal (c) Price (in dollars) of a shirt on the clearance rack O Categorical Interval Ratio