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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) End-of-year stock classification (high O Ordinal yield, medium yield, or low yield) O Interval O Categorical O Ratio O Nominal O Quantitative O Ordinal (b) Temperature (in degrees Celsius) O Interval O Categorical O Ratio O Nominal (c) Total elapsed time (in seconds) for Quantitative O Ordinal completion of an assembly line O Interval operation O Categorical Ratio
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