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For each of the variables described below, indicate whether it is a quantitative or a categorical (qualitative) variable. Also, indicate the level of measurement for
For each of the variables described below, indicate whether it is a quantitative or a categorical (qualitative) variable. Also, indicate the level of measurement for the variable: nominal, ordinal, interval, or ratio. Make sure your responses are the most specific possible. Type of Level of Variable variable measurement X 5 ? O Nominal O Quantitative (a) Exchange on which a stock is traded O Ordinal (NYSE, AMEX, or other) O Interval O Categorical O Ratio O Nominal O Quantitative (b) Distance (in miles) from home to the O Ordinal nearest all-night convenience store O Interval O Categorical O Ratio O Nominal O Quantitative O Ordinal (c) Temperature (in degrees Fahrenheit) O Interval O Categorical O Ratio
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