d by size: small, medium, and large. Explain why business size is an 1. categorical because it has numerical values that arise from a counting categorical because it has numerical values that arise from a categorical because it has values that represent quantities. categorical because it has values that can only be placed into

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.5: Counting Principles
Problem 43SE: A wholesale T-shirt company oilers sizes small, medium, large, and extra-large in organic or non-...
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Question
Businesses in a country are listed by size: small, medium, and large. Explain why business size is an
example of a categorical variable.
Choose the correct answer below.
O A. The size of a business is categorical because it has numerical values that arise from a counting
process.
O B. The size of a business is categorical because it has numerical values that arise from a
measuring process.
O C.
The size of a business is categorical because it has values that represent quantities.
O D. The size of a business is categorical because it has values that can only be placed into
categorias
Transcribed Image Text:Businesses in a country are listed by size: small, medium, and large. Explain why business size is an example of a categorical variable. Choose the correct answer below. O A. The size of a business is categorical because it has numerical values that arise from a counting process. O B. The size of a business is categorical because it has numerical values that arise from a measuring process. O C. The size of a business is categorical because it has values that represent quantities. O D. The size of a business is categorical because it has values that can only be placed into categorias
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