What Is The Variable In Statistics?
A property that can be
measured and given varied values is known as a variable.
Types of Variables
There are two basic types of variables: category and numeric.
Categorical variables
A categorical variable (also called qualitative variable) refers to a characteristic that can’t be quantifiable.
Categorical variables can be either
Nominal or Ordinal.
Nominal variables
A nominal variable is one that describes a name, label or category without natural order.
Ordinal variables
An ordinal variable is a variable whose values are defined by an order relation between the different categories.
Numeric variables
A numeric variable (also called quantitative variable) is a quantifiable characteristic whose values are numbers
Numeric variables can be either
continuous or discrete.
Numeric variables
A numeric variable (also called quantitative variable) is a quantifiable characteristic whose values are numbers
Continuous variables
A variable is said to be continuous if it can assume an infinite number of real values within a given interval.
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