A Variable Contains the Number of Traffic Violations of a Vehicle

question 23

Short Answer

A variable contains the number of traffic violations of a vehicle for the last 3 years. What type of variable is this? How would you convert it to an ordinal variable?

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Definitions:

Net Income

The sum a company retains as earnings after deducting expenses and taxes from its turnover.

Noncash Charges

Expenses recorded in accounting but do not involve any actual cash flow, such as depreciation or amortization.

Available-For-Sale Securities

Financial instruments that are not classified as held-to-maturity or trading securities, and are instead intended to be sold for reasons other than temporary declines in value.

Unrealized Gain

The potential profit that exists on paper resulting from an investment that has not yet been sold for cash.