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What is the difference between a real variable and a nominal variable?
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What is the difference between real solutions and real roots when dealing with discriminant?
There is no difference between real solutions and real roots.
Different types of variables?
In statistics or data management, there are two main types of variables. Each of these types of variables can then be divided into two more types of variables.1. Categorical variableA categorical variable is commonly known as a qualitative variable. Every response can be placed into a category. A response may fit into a specific category (mutually exclusive), or it may fit into a category such as "other" along with other responses (exhaustive). Categorical variables are either nominal or ordinal. A nominal variable is a word that describes a category (i.e. horse, dog, cat) and the order does not matter. An ordinal variable uses categories that have to be placed in an order (i.e. very bad, bad, ok, good, very good).2. Numeric variableA numeric variable is a variable that is expressed by a real number. It is commonly referred to as a quantitative variable. Numeric variables can either be continuous or discrete. A continuous variable is variable that can assume an infinite number of real values (i.e. 2.345....). These variables are often grouped into class intervals. A discrete variable is a variable with a finite number of real values (i.e. shoe size).Grade 12 Data Management class
What is the difference between a discrete variable and a continuous variable?
A continuous variable is one that can take any real numerical value. The length of a strip can be anything. A person's height and age can take any real values, within reasonable limits. Whereas, discrete variables will only have values that are whole numbers, like the number of people on a football team, or the number of major planets in the solar system. No star could ever have 5.62 major planets, for example.
What is the difference between 'random' and 'randomn'?
"randomn" is not a real word.
What is one term that is expressed as a real Number variable a product or quotient of a variable and real number?
It is a term.
Difference between nominal and real variable?
A nominal variable is a variable measured in current dollars (the value of the dollar for the specific period discussed), and a real variable is a variable measured in constant dollars (the value of the dollar for the base period). That is, a real variable adjusts for the effects of inflation.
What is the difference nominal cash flow and real cash flow?
Difference between real and nominal cash flow is that nominal cash flows uses the inflation information as well for calculation of nominal cash flow of future while real cash flow don't use that information for calculation.
The GDP gap measures the difference between?
nominal GDP and real GDP.
What is the difference between 'real wage' and 'nominal wage'?
blAH BLAH BLHA
How does the real interest rate relate to the nominal interest rate?
A real interest rate and a nominal interest rate are quite similar. The only real difference between the two interest rates are that a nominal interest rate include the cost of inflation where as the real interest rate does not.
Example of nominal variable and real variable?
A nominal variable is one where observations are classified to categories eg small, medium and large for t-shirts. A real variable is one that takes numerical values, such as shirt size 12, 14, 16 etc. A real value may be a continuous (as opposed to discrete) variable but the very act of recording the observation usually results in the continuous variable being replaced by a discrete one.
Difference between REER and NEER?
Nominal effective exchange rate (NEER) and Real effective exchange rate (REER)
Difference between real executive and Nominal executive?
nominal executive a person who heads the executive branch but does not have the power to execute major and important decisions. normally a king. real executive a leader who holds real power. make a important decisions for the country. Prime Minister.
Can TVM be used to evaluate the real return or just the nominal return?
TVM, or Time Value of Money can certainly be used to calculate a real return. The only difference between a nominal return and a real return is inflation, so simply discount your future cash flows by anticipated inflation and you have a real return. In simpler terms assuming inflation is steady you could simply deduct inflation from your nominal return. For example a nominal 7% return with 3% inflation could be desribed as a 4% real return.
How does the real exchange rate work with standard of living of a country.If the standard of living of a country is more compared with other country how can it be termed interms of real exchange rate?
The real Exchange rate excludes the effects of inflation in the increase in exchange rate so if there is a lot of difference between real and nominal (real << nominal) the standard of living is deteriorating in the country.
What is nominal price and real price?
Real price is in a mud nominal price is in your FACE
What is the difference between real solutions and real roots when dealing with discriminant?
There is no difference between real solutions and real roots.
