Asked by Trevor Dandrade on Apr 27, 2024
Verified
If an individual reports his or her yearly earnings,the client's response will be a numeric value,such as $35,000 a year,therefore this would be considered a ___________ variable.
Numeric Value
A quantitative measure expressed as a number, which represents a specific quantity or amount.
Yearly Earnings
The total amount of money earned by an individual or entity in one year, often before taxes.
- Identify the distinctions among diverse variable types (qualitative, quantitative, latent, and others) and scales of measurement (nominal, ordinal, interval, ratio).
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Learning Objectives
- Identify the distinctions among diverse variable types (qualitative, quantitative, latent, and others) and scales of measurement (nominal, ordinal, interval, ratio).