BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ordinal
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nominal
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interval
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ratio
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Detailed explanation-1: -Shared some examples of interval data: Temperature in Fahrenheit or Celsius, pH measure, IQ and SAT scores. Highlighted the descriptive statistics you can obtain using interval data: Frequency distribution, measures of central tendency (mode, median, and mean), and variability (range, standard deviation, and variance).
Detailed explanation-2: -For example, temperature in Celsius or Fahrenheit is at an interval scale because zero is not the lowest possible temperature. In the Kelvin scale, a ratio scale, zero represents a total lack of thermal energy.
Detailed explanation-3: -Measuring temperature is an excellent example of interval scales. The temperature in an air-conditioned room is 16 degrees Celsius, while the temperature outside the room is 32 degrees Celsius.
Detailed explanation-4: -Temperature is another example of continuous data.
Detailed explanation-5: -This means that temperature is ordinal data because it can be expressed in a given order such as extremely hot, very hot, hot, moderately hot, a little bit hot and so on. For example temperature between 20 and 30 degree Celsius can be considered hot.