Nominal variable Study guides, Class notes & Summaries

Four steps in the process of statistics CORRECT ANSWERS: 1. Producing Data 2. Exploratory Data Analysis 3. Probability 4. Inference Categorical variable CORRECT ANSWERS: places individuals into one of several groups Two types: nominal and ordinal Quantitative Variable CORRECT ANSWERS: represents a measurement or a count Two types: Interval and ratio Nominal Variable CORRECT ANSWERS: categorical variables where there is no natural order among the categories Ordinal variable ...

The modern word for plumber is derived from the Latin word for - ANSWER-A person who works with lead LEED applies to all areas of the profession, except - ANSWER-Renovation Water that comes from laundry and bathtubs and reused in known as - ANSWER-Graywater Suggested national plumbing standards are called - ANSWER-Model codes You are offered a job by another contractor before you have fulfilled your current obligations. The professional response is to - ANSWER-Ask the contractor to w...

Solution Manual for Statistics for Nursing Research A Workbook for Evidence-Based Practice, 3rd Edition, Susan Grove, Daisha Cipher Answer Guidelines for Questions to Be Graded Identifying Levels of EXERCISE Measurement: Nominal, 1 Ordinal, Interval, and Ratio The questions are in bold followed by answers. 1. In Table 1 , identify the level of measurement for the current therapy variable. Provide a rationale for your answer. Answer: The current therapy variable was measured at the nominal level....

Solution Manual for Statistics for Nursing Research A Workbook for Evidence-Based Practice, 3rd Edition, Susan Grove, Daisha Cipher Solution Manual for Statistics for Nursing Research A Workbook for Evidence-Based Practice 3rd Edition Susan Grove Daisha The questions are in bold followed by answers. 1. In Table 1, identify the level of measurement for the current therapy variable. Provide a rationale f...

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

Analytics is a broad term that refers to a variety of tools that inform managerial decisions.Which term can be used to describe managerial decisions? CORRECT ANSWERS: Prescriptive What are two reasons for the increasing use of analytics in organizational decision-making? CORRECT ANSWERS: Relatively lower cost of computer storage; Higher computer processing power How does probability theory inform decision-making for managers? CORRECT ANSWERS: By quantifying risk Which type of data ar...

nominal, ordinal, interval, ratio Correct Answer-What are the 4 Levels of Measurement? Hint: N.O.I.R Categorical variable Correct Answer-A variable that has a finite number of classification groups/ categories, which are usually qualitative in nature Continuous variable Correct Answer-A variable that has a infinite number of potential values, with value being measured falling somewhere on a continuum containing in-between values. Empirical method Correct Answer-What method is a way ...

CHAPTER 3 Mortgage Loan Foundations: The Time Value of Money TRUE/FALSE 1. In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 2. One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 3. At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 4. The future value of $800 deposited ...

BUSI 820 Quantitative Analysis; DESCRIPTIVE STATISTICS, ORDINAL SCALE AND DICHOTOMOUS VARIABLE 2024 with complete solution; Liberty University Descriptive Statistics, Ordinal Scale and Dichotomous Variable 3 4.1. (a) Compute skewness for variables with five or more ordered levels 4 4.1. (b) Describe the results 4 4.1. (c) Which variables in the dataset are approximately normally distributed/scale? 5 4.1. (d) Which ones are ordered but not normal? 6 4.2. (a) Do a stem-and-leaf plot for th...

Nominal; ratio Correct Answer-A person's race would be an example of a(n) ________ variable, while a person's age would be an example of a(n) ________ variable. • Ordinal; ratio • Nominal; ratio • Nominal; interval • Ratio; nominal Manhattan Correct Answer-In cluster analysis, this type of distance measurement allows for only horizontal and vertical movements (also known as city-block distance): • Manhattan • Euclidean • Chebyschev • Minkowski Standard deviati...