Categorical Variables May Also Be Referred to as Nominal, Ordinal

question 11

True/False

Categorical variables may also be referred to as nominal, ordinal, discrete, or qualitative.

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Definitions:

Cigarettes

Narrow cylinders of finely cut tobacco rolled in paper for smoking, often containing a filter at one end.

Tax

A mandatory monetary fee or different kind of tax levied on individuals by a state entity with the purpose of raising funds for government operations and public projects.

Aggregate Demand Function

An economic formula that represents the total demand for goods and services in an economy at various price levels.

Swimming Pools

Man-made structures designed to hold water for swimming, diving, or recreational bathing.