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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 .
Indexes are similar to scales except multiple indicators of a variable are combined into a single measure. The index of consumer confidence, for example, is a combination of several measures of consumer attitudes. A typology is similar to an index except the variable is measured at the nominal level.
This measure is valid only for data that are measured on a strictly positive scale. Harmonic mean the reciprocal of the arithmetic mean of the reciprocals of the data values. This measure is valid only for data that are measured either on a strictly positive or a strictly negative scale. Weighted arithmetic mean an arithmetic mean that ...
In comparison, variables with unordered scales are nominal variables. [1] Visual difference between nominal and ordinal data (w/examples), the two scales of categorical data [2] A nominal variable, or nominal group, is a group of objects or ideas collectively grouped by a particular qualitative characteristic. [3]
In statistics, a categorical variable (also called qualitative variable) is a variable that can take on one of a limited, and usually fixed, number of possible values, assigning each individual or other unit of observation to a particular group or nominal category on the basis of some qualitative property. [1]
The concept of data type is similar to the concept of level of measurement, but more specific. For example, count data requires a different distribution (e.g. a Poisson distribution or binomial distribution) than non-negative real-valued data require, but both fall under the same level of measurement (a ratio scale).
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In descriptive statistics, the mean may be confused with the median, mode or mid-range, as any of these may incorrectly be called an "average" (more formally, a measure of central tendency). The mean of a set of observations is the arithmetic average of the values; however, for skewed distributions, the mean is not necessarily the same as the ...