Nominal variables Guías de estudio, Notas de estudios & Resúmenes

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Levels of Measurement: Nominal Correct Answer-NAMES, LABELS, CATEGORIES Cannot be arranged in an ordering scheme (i.e., low to high) (e.g., eye colors) Nominal measurement can be categorical: dichotomous Correct Answer-two options i.e. yes or no ex: do they have gestational diabetes? yes or no? Nominal measurement: categorical Correct Answer-more than 1 category ex: looking at gestational diabetes, type 1, type 2 True or false: nominal measurement must be mutually exclusive Correct ...

ECS1601 Study Unit Summaries -2022. 1 ECS1601 LEARNING UNITS 1 PRODUCTION, INCOME AND SPENDING IN A MIXED ECONOMY - REVISION 1.1 Make sure you remember the following from ECS1501:  What economics is all about (refer to section 1.1 of your textbook) Economics is the science of household management, where the household may vary in size from an individual living on his own to the economy of the country or the whole world. The basic essence of economics – there are unlimited wants, wh...

1. On his ninth birthday on 21 February Shelly received R420. His parents immediately invested the money in an account that earns 7,5% simple interest. The amount of money that can be withdrawn on 5 June for the same year equals [1] R411,21. [2] R428,89. [3] R428,98. [4] R429,07. [5] none of the above. 2. An interest rate of 16,4% compounded quarterly is equivalent to a weekly compounded interest of [1] 16,073%. [2] 16,098%. [3] 16,714%. [4] 16,741%. [5] none of the ab...

What are the categorical variables? correct answer: Nominal and ordinal What are the continuous variables? correct answer: Interval and ratio What are the levels of measurement? correct answer: Categorical and Continuous variables What is Nominal? correct answer: Lowest level Organized in CATEGORIES Cannot be compared and are mutually exclusive Ex: gender, ethnicity, marital status, diagnosis What is the order of the levels of measurement? correct answer: Nominal, ordin...

ECN 211 ASU Exam 3 With Questions and Correct Answers. Recession - ANSWER -a period of mildly falling incomes and rising unemployment ex. -caused by a leftward shift in aggregate demand and a leftward shift in aggregate supply Depression - ANSWER a severe period of falling incomes and rising unemployment ex. Great Depression The Business Cycle - ANSWER the short-run fluctuations of the economy Economic Fluctuations - ANSWER -are irregular and unpredictable -most macroeconomic variables ...

MSIS 3223 Exam 1 Questions and Answers (Graded A) Which of the following ways would 10 raised to the power of 2 x 5 raised to the power of 3/100 - 73 be represented in an excel spreadsheet? - ANSWER-10^2^5^3 / 100 - 73 Which of the following is a difference between relative addressing and absolute addressing when using cell formulas in excel? - ANSWER-A relative address uses just the row and column label in the cell reference; an absolute address uses a dollar sign before either the row or...

ECN 211 ASU Exam 3 With Questions and Correct Answers. Recession - ANSWER -a period of mildly falling incomes and rising unemployment ex. -caused by a leftward shift in aggregate demand and a leftward shift in aggregate supply Depression - ANSWER a severe period of falling incomes and rising unemployment ex. Great Depression The Business Cycle - ANSWER the short-run fluctuations of the economy Economic Fluctuations - ANSWER -are irregular and unpredictable -most macroeconomic variables ...

Solution Manual For Essentials of Modern Business Statistics with Microsoft Excel 8th Edition, Anderson | All Chapters | Complete Latest Guide. Chapter 1 Data and Statistics Learning Objectives 1. Obtain an appreciation for the breadth of statistical applications in business and economics. 2. Understand the meaning of the terms elements, variables, and observations as they are used in statistics. 3. Obtain an understanding of the difference between categorical, quantitative, cross-section...

Amanda is measuring the temperature. She looks at the thermometer and sees that it is somewhere between 65 and 66 degrees Fahrenheit. She is okay with the temperature in between two integers because she knows temperature is not ________ data, but temperature is _________ data.  a) Nominal, Ordinal  b) Nominal, Discrete  c) Continuous, Discrete  d) Discrete, Continuous Feedback: The correct answer is D. Temperature is not a measure that comes in increments (discrete) but is co...