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MGT555: Differentiate between nominal, ordinal, ratio, and interval data and Provide one example for each type of data: Business Analytic Home Work, UiTM, Malaysia

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 Question 1

Differentiate between nominal, ordinal, ratio, and interval data. Provide one example for each type of data.

Question 2

Based on descriptive statistics for Average Consumption/Year below, interpret mean, median, standard deviation, variance, Kurtosis, and Skewness values.

Question 3

Interpret all key regression results and hypothesis tests based on the summary output below. The proposed model for the output given is: Current salary = β0 + β1 beginning salary + β2 previous experience + β3 education

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