Variables and Data Management - Lecture
Categorical variables group things, they don’t make measurements. Categorical variables may be attributes, which have no rank. Sometimes called nominal.
Binary nominal variable - only two categories
Categorical variables that have a ranking, as ranked or ordinal.
Categorical variables are also known as qualitative
Quantitative variables are numerical and have a value that can be measured.
Discrete - expressed as integers, typically
Continuous quantitative variables can assume any value within a given range.
Transformed variable - a variable which we have performed some sort of mathematical operation. Logarithmic is the most common.
Derived variable - a variable that is produced by using a mathematical operation on two variables to calculate a third variable. Rate is a common one.
Rounding Rules
Intermediate Results - never round off; only round off at the very end
Precision of measurement - the number of digits displayed for a continuous measurement indicates the precision with which it was measured
Significant figures in a final answer - Precision of the final answer represents the precision of the original measurements.
Rounding to three significant figures:
Always round down if the last value is less than 5
Always round up if last value is more or equal to 5
If last number is 5:
Round up is if the previous number is five
Round down if the previous number if even
Calculations from exact values are not rounded
Independent and Dependent Variables
Dependent variable is when you trying to see how it is impacted.
Independent variable is labeled as x, and the dependent variable is expressed as y