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  2. Level of measurement - Wikipedia

    en.wikipedia.org/wiki/Level_of_measurement

    Level of measurement or scale of measure is a classification that describes the nature of information within the values assigned to variables. [1] Psychologist Stanley Smith Stevens developed the best-known classification with four levels, or scales, of measurement: nominal, ordinal, interval, and ratio.

  3. 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 ...

  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. 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.

  6. 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 ]

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

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

    The nominal interest rate is the simple interest charged on a loan or paid on a deposit. Real interest is nominal interest after taking inflation's effects into account.

  8. Statistics - Wikipedia

    en.wikipedia.org/wiki/Statistics

    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 (injective) transformation. Ordinal measurements have imprecise differences between consecutive values, but have a meaningful order to those values, and ...

  9. Scientists Finally Solved the Mystery of How the Mayan ...

    www.aol.com/lifestyle/scientists-finally-solved...

    The Mayan calendar’s 819-day cycle has confounded scholars for decades, but new research shows how it matches up to planetary cycles over a 45-year span