Examlex
When considering the construction of malls, we must remember that
Quantitative Data
This refers to numerical data that can be measured and quantified, representing quantities, amounts, or levels.
Ordinal Data
Data that can be categorized and ranked; however, the intervals between the categories are not necessarily equal.
Nominal Variable
A categorical variable for which different values represent different categories without any intrinsic ranking order.
Interval Data
A type of numerical data involving measurements where both the order and the exact differences between the measurements matter, but there is no true zero point.
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