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 Fahrenheit)   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)Letter grade (A, B, C, D, or F)   Quantitative   Categorical   Nominal   Ordinal   Interval   Ratio

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 3AGP
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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 Fahrenheit)
 
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)Letter grade (A, B, C, D, or F)
 
Quantitative
 
Categorical
 
Nominal
 
Ordinal
 
Interval
 
Ratio
 
 
 
 
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