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Earn +20 ptsQ: Example of nominal variables
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What are the nominal variables in economics?
Variables measured in monetary units
What are examples of nominal variables?
Your nationality, city that you live in, model of your car(s), colour of your eyes.
How many different levels of measurement for variables exist?
Nominal or category;Ordinal scale;Interval scale; andRatio scale.
What is the definition of chisquare?
Chi-square is a statistic used to assess the degree of the relationship and degree of association between two nominal variables
What is an Example of two independent variables?
Variables are symbols that replace unknown numbers. Variables are often letters. For example: 5*x=10 7*6=y Here "x" and "y" are the variables.
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