Question

a. Name two customer-related nominal variables that a newly opened department store might find informative to study. b. Name two customer-related ordinal variables that a newly opened department store might find informative to study.

Name: Problem 20, Chapter 1: Elementary Statistics
Uploaded: 2020-07-05T20:19:33-08:00
Duration: 1 min 29 s
Channel: Kerry Thornton-Genova
Description: a. Name two customer-related nominal variables that a newly opened department store might find informative to study. b. Name two customer-related ordinal variables that a newly opened department store might find informative to study.

    a. Name two customer-related nominal variables that a newly opened department store might find informative to study.
b. Name two customer-related ordinal variables that a newly opened department store might find informative to study.

Elementary Statistics

Robert Johnson,… 11th Edition

Chapter 1, Problem 20

Instant Answer

Solved by Expert Kerry Thornton-Genova

07/05/2020

Step 1

Nominal variables are categories that do not have a natural order or ranking. They can include variables such as gender, race, religion, and so on. In the context of a department store, nominal variables could be related to customer feedback or preferences that Show more…

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a. Name two customer-related nominal variables that a newly opened department store might find informative to study. b. Name two customer-related ordinal variables that a newly opened department store might find informative to study.

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Key Concepts

Nominal Variables

Nominal variables are categorical variables that represent distinct groups or categories without any inherent order or ranking. In the context of customer data for a department store, these might include features like gender, nationality, or customer type, where the categories are mutually exclusive yet not sequentially ordered.

Ordinal Variables

Ordinal variables are categorical variables that have a clear, natural ranking or order among the categories, even if the exact differences between the groups are not measurable. Customer-related ordinal variables in a department store context might include satisfaction levels, loyalty status, or income tiers, where higher values indicate a greater intensity of the attribute being measured.

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