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Author Question: What type of variable is a credit score? A. Qualitative B. Quantitative C. ... (Read 57 times)

kodithompson

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on: Jul 24, 2018
What type of variable is a credit score?
 A. Qualitative
  B. Quantitative
  C. Categorical

Question 2

The video discusses a survey conducted by freecreditscore.com that found that when choosing a long term partner, respondents ranked financial responsibility as important as what characteristic of the potential partner?
 A. Physical attractiveness
  B. Net worth
  C. Age
  D. Intelligence


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lorealeza

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Reply #1 on: Jul 24, 2018
Answer to Question 1

B. Quantitative

FEEDBACK:
A credit score is a number, usually between 300 and 800, depending on which credit score is being used. This is a quantitative variable in that, for example, taking an average makes sense. A qualitative variable, also called a categorical variable, describes an entity by placing it into a category or group, such as male or female.

This unit is about correlation and regression, which typically involves predicting the value of a quantitative variable from a known value of another variable that, typically, is also quantitative.

Answer to Question 2

A.Physical attractiveness

FEEDBACK:
The video says that respondents ranked financial responsibility as important as physical attractiveness and compatibility when choosing a long term partner.


kodithompson

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Reply 2 on: Jul 24, 2018
Excellent

JCABRERA33

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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