Nominal data - Study guides, Class notes & Summaries
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BMC questions with correct answers 2023 updated
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BMC questions with correct answers 2023 updatedECOW - correct answer Economic data watch: finds most important data by country 
 
Essential economic indicators - correct answer Economic growth 
Inflation 
Unemployment 
Business confidence 
Housing 
 
Economic growth: gdp - correct answer Market value of all final goods and services produced in a country 
 
Broadest and most comprehensive barometer of economic activity 
 
GDP = C + I + G + (X-M) - correct answer C= personal consumption (food) 
I=...
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MAT 150 Final Exam Questions and Answers | Latest Update 2023/2024 | Straighterline
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MAT 150 Final Exam Questions and Answers | Latest Update 2023/2024 | Straighterline. Which of the following is an example of a nominal variable? 
Select one: 
a. age 
b. gender 
c. height 
d. IQ 
Question 3 
Correct 
8.33 points out of 8.33 
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Question text 
What sort of data are temperature measurements? 
Select one: 
a. interval 
b. nominal 
c. ordinal 
d. ratio 
Question 4 
Correct 
8.33 points out of 8.33 
Flag question 
Question text 
Based on the graph, which statement best de...
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MKTG 352 Principles of Marketing Research Final Exam Review
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what are the four levels of measurement? - ANS: nominal, ordinal, interval, ratio (NOIR) 
 
which levels of measurement represent qualitative data? - ANS: nominal and ordinal 
 
which levels of measurement represent quantitative data? - ANS: interval and ratio 
 
what central tendency measure is most appropriate for nominal data? - ANS: mode 
 
what central tendency measure is most appropriate for ordinal data? - ANS: median 
- could calculate mode as well 
 
what central tendency measure is mos...
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Test Bank For Basic Statistics for Business and Economics 9Th Edition By Douglas Lind
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Basic Statistics for Business and Economics, 9e (Lind) Chapter 3 Describing Data: Numerical Measures 
1) A value that "attempts to pinpoint the center of a distribution of data" is referred to as a measure of location. 
Answer: TRUE 
Explanation: The purpose of a measure of location is to pinpoint the center of a distribution of data. An average is a measure of location that shows the central value of the data. Four measures of location are discussed in the text: the arithmetic mean, the media...
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MAT 150 Final Exam Questions and Answers | Latest 2023/2024 | Straighterline
- Exam (elaborations) • 24 pages • 2023
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MAT 150 Final Exam Questions and Answers | Latest 2023/2024 | Straighterline. Which of the following is an example of a nominal variable? 
Select one: 
a. age 
b. gender 
c. height 
d. IQ 
Question 3 
Correct 
8.33 points out of 8.33 
Flag question 
Question text 
What sort of data are temperature measurements? 
Select one: 
a. interval 
b. nominal 
c. ordinal 
d. ratio 
Question 4 
Correct 
8.33 points out of 8.33 
Flag question 
Question text 
Based on the graph, which statement best describe...
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Test Bank for Corporate Finance, 8th Edition by Ehrhardt Brigham
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Test Bank for Corporate Finance: A Focused Approach 8th Edition 8e by Michael C. Ehrhardt; Eugene F. Brigham. ISBN 4638 
 
Full Chapters test bank included 
 
Chapter 1: An Overview of Financial Management and the Financial Environment 
1-1 The Five-Minute MBA 
1-2 Finance From 40,000 Feet Above 
1-3 The Corporate Life Cycle 
1-4 Governing a Corporation 
1-5 An Overview of Financial Markets 
1-6 Types of Claims on Future Cash Flows: Financial Instruments, Financial Assets, and Financial Sec 
1-7...
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Bloomberg Market Concepts Knowledge check | Latest 2023/2024 solutions
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Bloomberg Market Concepts Knowledge check | Latest 2023/2024 solutions 
The primary of GDP --Main measure of economic activity 
8% compounded annual growth since about 1960 
In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. what does this 
event reflect about the nature of GDP? 
-Because the GDP is official, its numbers are not subject to interpretation. 
-Governments are required to change GDP calculations every five years. 
-Inputs to GD{ are all qualitative, not quantitati...
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ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.
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ETS MFT BUSINESS EXAM 
 
The principal difference between variable costing and absorption costing centers on: 
 
a) whether variable manufacturing costs should be included as product costs 
 
b) whether fixed manufacturing costs should be included as product costs 
 
c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs 
 
d) none of these. 
 
General Bikes is debating which marketing research options to employ. The traditional p...
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SOLUTION MANUAL STATISTICS FOR NURSING RESEARCH.A WORKBOOK FOR EVIDENCE BASED PRACTICE 3RD EDITION(SUSAN GROVE DAISHA
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Solution Manual for 
Statistics for Nursing Research A Workbook for Evidence-Based Practice 3rd Edition Susan Grove Daisha 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The questions are in bold followed by answers. 
 
1.	In Table 1, identify the level of measurement for the current therapy variable. Provide a rationale for your answer. 
Answer: The current therapy variable was measured at the nominal level. These drug categories were probably developed to be exhaustive for this study and included t...
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Biostatistics BCPS questions and answers 2023
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Biostatistics BCPS questions and answers 2023Discrete Variables 
Can only take a limited number of values within a given range. 
1. Nominal 
2. Ordinal 
 
 
 
Nominal Data 
Discrete Variable 
Data of categories only, unordered, with no indication of relative severity. Data cannot be arranged in an ordering scheme. (Gender, Race, Religion, mortality, disease state) 
 
 
 
 
 
 
00:56 
 
01:13 
Ordinal Data 
Discrete Variable 
Placed in categories and rank ordered, distance between categories may ...
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