What type of variable is region?
Categorical variables are either nominal (unordered) or ordinal (ordered).
You learned about this difference when you read about data types and variables in Chapter 2, “Understanding and Organizing Business Data.” Some simple examples of nominal variables are male/female, alive/dead, regional area, and product style..
What type of variable is years?
So year is a discretized measure of a continuous interval variable, so quantitative. Year can also be an ordinal variable.
What type of variable is household income?
(*) Household size, monthly income and number of computers — these are quantitative variables. Income is a continuous variable. Household size and number of computers are discrete variables.
What type of variable is satisfaction?
ordinal variableFor example, when you are asked to assign a value from 1 to 5 to express your level of satisfaction, you use numbers, but the variable (satisfaction) is really an ordinal variable. Numeric variables may be either continuous or discrete.
What are the 3 types of variables?
A variable is any factor, trait, or condition that can exist in differing amounts or types. An experiment usually has three kinds of variables: independent, dependent, and controlled.
What type of variable is money?
Only certain values will be possible, but in theory there is no limit to the number of different possible lengths. Sometimes variables which are strictly discrete may be treated as continuous. Money changes in steps of 1p and so is a discrete variable.