Question

Are these the correct data scales? Table 1 - Types of Data Data Element Type of...

Are these the correct data scales?

Table 1 - Types of Data
Data Element Type of Data Type of Number Scale
Retailer country Qualitative N/A Nominal
Order method type Qualitative N/A Nominal
Retailer type Qualitative N/A Nominal
Product line Qualitative N/A Nominal
Product type Qualitative N/A Nominal
Product Qualitative N/A Nominal
Year Quantitative Discrete Interval
Quarter Quantitative Discrete Ratio
Revenue Quantitative Continuous Interval
Quantity Quantitative Discrete Ordinal
Gross margin Quantitative Continuous Ratio

Homework Answers

Answer #1

YES the below data scales are correct.

Table 1 - Types of Data
Data Element Type of Data Type of Number Scale
Retailer country Qualitative N/A Nominal
Order method type Qualitative N/A Nominal
Retailer type Qualitative N/A Nominal
Product line Qualitative N/A Nominal
Product type Qualitative N/A Nominal
Product Qualitative N/A Nominal
Year Quantitative Discrete Interval
Quarter Quantitative Discrete Ratio
Revenue Quantitative Continuous Interval
Quantity Quantitative Discrete Ordinal
Gross margin Quantitative Continuous Ratio
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