STATISTICAL TECHNIQUES AND TOOLS
INTRODUCTION OF STATISTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements are true?I. All variable can be classified as quantitative or categorical variables.II. Categorical variables can be continuous variable.III. Quantitative variables can be discrete variables.
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i only
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ii only
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iii only
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i and iii
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i and ii
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Explanation:
Detailed explanation-1: -The correct answer is (E). All variables can be classified as quantitative or categorical variables.
Detailed explanation-2: -Quantitative variables may be discrete or continuous. Discrete variables can only take on a limited number of values (e.g., only whole numbers) while continuous variables can take on any value and any value between two values (e.g., out to an infinite number of decimal places).
Detailed explanation-3: -You can see that one way to look at variables is to divide them into four different categories ( nominal, ordinal, interval and ratio).
There is 1 question to complete.