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Which of the variables are qualitative and which are quantitative? Qualitative: Agent name, house with pool, garage, location township, mortgage class and default of mortgage.
Which of the variables are qualitative and which are quantitative?
Qualitative: Agent name, house with pool, garage, location township, mortgage class and default of mortgage.
Quantitative: Record of property, price, bedrooms, days in the market, size, years and FICO Score.
Is the above correct?
Determine the level of measurement for each of the variables above.
Nominal Level of Measurement:
Ordinal Level of Measurement:
Interval Level of Measurement:
Ratio Level of Measurement:
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