Variables_and_Measurement__Team_4_Presentation__June_29

Variables_and_Measurement__Team_4_Presentation__June_29 -...

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Variables and Measurement Team Flying Camel: Ryan Bauer, Andy Brown, Vail Burns, Brian Hill, Justin Bending
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Measurements Collect data for statistical analysis Measurements of variables are made using many different tools
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Variables Quantitative Numerically measured variables. They are said to be measured on an interval scale. Qualitative Variables having a scale of unordered categories. They are said to be measured on a nominal scale.
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Examples Quantitative Time Volume Mass Pressure Temperature Qualitative Types of Camels Hair Color Types of Vehicles Building Types Computer Types
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Variables Independent A variable that is not affected by any other variables with which it is compared. For example, in comparing the price of an electric utility stock with interest rates, the interest rates are an independent variable because they are not affected by utility stock prices.
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