Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 1, Problem 20DA

Refer to the North Valley Real Estate data, which report information on homes sold in the area last year. Consider the following variables: selling price, number of bedrooms, township, and mortgage type.

  1. a. Which of the variables are qualitative and which are quantitative?
  2. b. How is each variable measured? Determine the level of measurement for each of the variables.
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