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  2. Level of measurement - Wikipedia

    en.wikipedia.org/wiki/Level_of_measurement

    While Stevens's typology is widely adopted, it is still being challenged by other theoreticians, particularly in the cases of the nominal and ordinal types (Michell, 1986). [16] Duncan (1986), for example, objected to the use of the word measurement in relation to the nominal type and Luce (1997) disagreed with Stevens's definition of measurement.

  3. Ordinal data - Wikipedia

    en.wikipedia.org/wiki/Ordinal_data

    Ordinal data is a categorical, statistical data type where the variables have natural, ordered categories and the distances between the categories are not known. [1]: 2 These data exist on an ordinal scale, one of four levels of measurement described by S. S. Stevens in 1946.

  4. Nominal category - Wikipedia

    en.wikipedia.org/wiki/Nominal_category

    Because nominal categories cannot be numerically organized or ranked, members associated with a nominal group cannot be placed in an ordinal or ratio form. Nominal data is often compared to ordinal and ratio data to determine if individual data points influence the behavior of quantitatively driven datasets. [1] [4] For example, the effect of ...

  5. Statistical data type - Wikipedia

    en.wikipedia.org/wiki/Statistical_data_type

    The psychophysicist Stanley Smith Stevens defined nominal, ordinal, interval, and ratio scales. Nominal measurements do not have meaningful rank order among values, and permit any one-to-one transformation. Ordinal measurements have imprecise differences between consecutive values, but have a meaningful order to those values, and permit any ...

  6. Guttman scale - Wikipedia

    en.wikipedia.org/wiki/Guttman_scale

    In the analysis of multivariate observations designed to assess subjects with respect to an attribute, a Guttman scale (named after Louis Guttman) is a single (unidimensional) ordinal scale for the assessment of the attribute, from which the original observations may be reproduced. The discovery of a Guttman scale in data depends on their ...

  7. Multidimensional scaling - Wikipedia

    en.wikipedia.org/wiki/Multidimensional_scaling

    Often there is a choice between Metric MDS (which deals with interval or ratio level data), and Nonmetric MDS [7] (which deals with ordinal data). Decide number of dimensions – The researcher must decide on the number of dimensions they want the computer to create. Interpretability of the MDS solution is often important, and lower dimensional ...

  8. Ordinal regression - Wikipedia

    en.wikipedia.org/wiki/Ordinal_regression

    In statistics, ordinal regression, also called ordinal classification, is a type of regression analysis used for predicting an ordinal variable, i.e. a variable whose value exists on an arbitrary scale where only the relative ordering between different values is significant.

  9. Real and nominal value - Wikipedia

    en.wikipedia.org/wiki/Real_and_nominal_value

    If for years 1 and 2 (possibly a span of 20 years apart), the nominal wage and price level P of goods are respectively nominal wage rate: $10 in year 1 and $16 in year 2 price level: 1.00 in year 1 and 1.333 in year 2, then real wages using year 1 as the base year are respectively: $10 (= $10/1.00) in year 1 and $12 (= $16/1.333) in year 2.