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Sales rank is a quantitative variable. The underlying value is sales, obviously a quantitative value. The median, minimum, maximum and percentile values are all quantitative statistics based on the ranking of data.

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Is class rank a qualitative or quantitative variable?

A qualitative variable is a variable that has categorized values and the difference cannot be measured. A quantitative variable is a variable that consist of ordinary values and the difference can be measured. Depending on the type of class rank it can be both qualitative as quantitative.


Is rank qualitative discrete?

Rank is typically considered a qualitative ordinal variable, as it represents a position or order among items based on certain criteria. While ranks are discrete in the sense that they take on specific, separate values (e.g., 1st, 2nd, 3rd), they do not convey the magnitude of differences between those ranks. Thus, while rank is discrete, it is primarily qualitative due to its nature of indicating relative position rather than exact quantities.


Is yearly income a continuous variable or a discrete variable?

Actually, it can be and is frequently treated as either. If the data is collected as a numerical value (for example, $35,500), then it is continuous. However, it is often simpler and more useful, especially in surveys, to collect the data as a set of ranges (20,000 - 29,999; 30,000 - 39,999; etc.). In this case, it would be an ordinal variable. Ordinal variables are discreet categories that still have a rank order.


What is the different between status and rank?

the different of status rank


Fran's percentile rank on an exam in a class of 500 is 85 Kelly's class rank is 60 Who is ranked higher?

Fran's rank score is for 1 test. Kelly's rank is the CLASS rank. That means that Kelly is # 60 in a class of 500. Or, if you simplify, she is #12 in a class of 100. Fran's percentile rank on the exam was 85%, or 85 out of 100. Therefore, there are 15 percentile points that other people got higher than Fran's score. But there are only 11 people ahead of Kelly. Therefore, Kelly is ranked higher.

Related Questions

Is class rank a qualitative or quantitative variable?

A qualitative variable is a variable that has categorized values and the difference cannot be measured. A quantitative variable is a variable that consist of ordinary values and the difference can be measured. Depending on the type of class rank it can be both qualitative as quantitative.


Is sales rank or class rank a qualitative or quantitative variable?

Qualitative. ranking simply orders them according to another variable which may be the quantitative one and has a measurable scale (e.g. GPA score or Sales figures) That is, we have a scale to compare a gpa score of 3.0 with 2.0


Is student rank in class qualitative or quantitative?

Student rank in class is considered a qualitative measure, as it represents a student's position relative to their peers rather than a numerical value with consistent intervals. While ranks are often represented by numbers (e.g., 1st, 2nd, 3rd), they categorize students into groups based on performance without implying equal differences between ranks. Therefore, student rank is more about ordinal classification than quantitative measurement.


True or false Data at the ordinal level are quantitative only?

False. Data at the ordinal level can be either quantitative or qualitative. In ordinal data, the categories have a meaningful order or rank, but the difference between the categories is not necessarily equal.


Is military rank qualitative or quantitative value?

Military rank is primarily a qualitative value, as it signifies a person's position, authority, and responsibilities within a military organization. While ranks can be assigned numerical values for organizational purposes, such as pay grades, the essence of rank reflects leadership capability, experience, and the trust placed in an individual by their superiors. Thus, it conveys more about qualitative aspects of leadership and command than mere numerical standing.


Is rank in the army a categorical variable?

Yes it is. It is an ordinal variable ( which means it is meaningful ) because rank has an order and it is meaningful to rank the soldiers.


If rank of the matrix is equal to no of variable then it have?

Then it has (not have!) a unique solution.


What is the rank of NFL football team merchandise sales?

Cowboys


How do the colleges rank in terms of hat sales?

Marquette has the most.


Where does IBM rank in software sales in the world as of 2007?

2nd


Where does glassgow Celtic fc rank in sales of merchandise?

behind rangers


What is Ohio State's rank of college merchandise sales?

Number one