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  2. Level of measurement - Wikipedia

    en.wikipedia.org/wiki/Level_of_measurement

    Many behavioural scientists use the mean for ordinal data anyway. This is often justified on the basis that the ordinal type in behavioural science is in fact somewhere between the true ordinal and interval types; although the interval difference between two ordinal ranks is not constant, it is often of the same order of magnitude.

  3. List of statistical tests - Wikipedia

    en.wikipedia.org/wiki/List_of_statistical_tests

    Scaling of data: One of the properties of the tests is the scale of the data, which can be interval-based, ordinal or nominal. [3] Nominal scale is also known as categorical. [6] Interval scale is also known as numerical. [6] When categorical data has only two possibilities, it is called binary or dichotomous. [1]

  4. Ordinal data - Wikipedia

    en.wikipedia.org/wiki/Ordinal_data

    Ordinal data can be visualized in several different ways. Common visualizations are the bar chart or a pie chart. Tables can also be useful for displaying ordinal data and frequencies. Mosaic plots can be used to show the relationship between an ordinal variable and a nominal or ordinal variable. [13]

  5. Scale (social sciences) - Wikipedia

    en.wikipedia.org/wiki/Scale_(social_sciences)

    Some data are measured at the nominal level. That is, any numbers used are mere labels; they express no mathematical properties. Examples are SKU inventory codes and UPC bar codes. Some data are measured at the ordinal level. Numbers indicate the relative position of items, but not the magnitude of difference. An example is a preference ranking.

  6. Nominal category - Wikipedia

    en.wikipedia.org/wiki/Nominal_category

    A variable used to associate each data point in a set of observations, or in a particular instance, to a certain qualitative category is a categorical variable. Categorical variables have two types of scales, ordinal and nominal. [1] The first type of categorical scale is dependent on natural ordering, levels that are defined by a sense of quality.

  7. Nominal vs. Real Interest Rate: Do Either Calculate for ...

    www.aol.com/nominal-vs-real-interest-rate...

    The nominal interest rate is a simple way of expressing the cost of a loan or the return on a deposit. The real interest rate accounts for the effect of inflation on the purchasing power of ...

  8. Guttman scale - Wikipedia

    en.wikipedia.org/wiki/Guttman_scale

    The discovery of a Guttman scale in data depends on their multivariate distribution's conforming to a particular structure (see below). Hence, a Guttman scale is a hypothesis about the structure of the data, formulated with respect to a specified attribute and a specified population and cannot be constructed for any given set of observations ...

  9. Trump's only Manhattan electoral win is this block on the ...

    www.aol.com/news/trumps-only-manhattan-electoral...

    The single exception was in Two Bridges at the end of the historic Lower East Side, on a block that once served as home to Soviet spies Julius and Ethel Rosenberg, and has been a landing spot for ...