Asked by
Shanice Battle
on Oct 31, 2024
Verified
Obtaining ratio data is usually more expensive than obtaining categorical data.
Ratio Data
A type of quantitative data that not only measures the magnitude but also allows for the comparison of differences and the calculation of ratios, having an absolute zero point.
Categorical Data
Data that can be categorized into groups or categories that are mutually exclusive, without any natural ordering.
Obtaining
The act of acquiring or getting something through effort or request.
- Discern between diverse data types and comprehend their implications in the context of data analysis.
Verified Answer
AT
Learning Objectives
- Discern between diverse data types and comprehend their implications in the context of data analysis.
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