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What is The actual numerical value assigned to nominal level variable?
The whole point of a nominal variable is that is has no numerical value associated with it. With a binary measure you can allocated the values 1 and 0 or +1 and -1 for observations where the attribute is present or absent. If there are more than 2 values that the nominal variable can take then you can allocate any numbers that you want but in all cases the numbers do not have a value: they are simply symbols which can help for sorting and for binary comparisons.
What is nominal value?
A nominal number names something-a telephone number, a player on a team. Nominal numbers do not show quantity or rank. They are used only to identify something.Here are some examples using nominal numbers:jersey number 4zip code 02116
What is the difference between Nominal ordinal and interval ratio?
intervals in degrees, nominal gender, ratio speed, ordinal grading
What is true size?
it is the nominal size?
What is the difference between nominal dimension and net dimension lumber?
Nominal Dimension Lumber is what it's cut to and Net dimensional Lumber is what it actually is.
