Asked by Karina Ibarra on May 25, 2024
Verified
The classification of student major (accounting,economics,management,marketing,other) is an example of a(n)
A) nominal random variable.
B) interval random variable.
C) continuous random variable.
D) parameter.
Nominal Random Variable
A type of random variable that categorizes data without a natural order or ranking among the categories.
Interval Random Variable
This term seems incorrect or unconventional in this context; an "interval variable" is a type of numerical data that’s measured along a scale, and "random variable" pertains to a different statistical concept. NO.
Continuous Random Variable
A variable that can take on an infinite number of values within a given range.
- Grasp the essential definitions and differentiating aspects of nominal, ordinal, and interval types of data.
- Gain insight into the methodology for categorizing real-world variables as nominal, ordinal, or interval.
Verified Answer
Learning Objectives
- Grasp the essential definitions and differentiating aspects of nominal, ordinal, and interval types of data.
- Gain insight into the methodology for categorizing real-world variables as nominal, ordinal, or interval.
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