Question Solved1 Answer I need explanation please! 35. FILE Retailer. An online retail company is trying to predict customer spending in the first three months of the year. Brian Duffy, tł marketing analyst of the company, has compiled a data set on 200 existing customers that includes sex (Sex: Female/Male), annual income in 1,000s (Income), age (Age, in years), and total spending in the first three months of the year (Spending). A portion of the data is shown in the accompanying table. Sex Income Age Spending Male 87.50 52 156.88 Female 66.50 43 275.16 : : : : Male 51.90 61 159.51 a. Which of the above variables are categorical and which are numerical? b. What is the measurement scale of each of the above variable?

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I need explanation please!

Transcribed Image Text: 35. FILE Retailer. An online retail company is trying to predict customer spending in the first three months of the year. Brian Duffy, tł marketing analyst of the company, has compiled a data set on 200 existing customers that includes sex (Sex: Female/Male), annual income in 1,000s (Income), age (Age, in years), and total spending in the first three months of the year (Spending). A portion of the data is shown in the accompanying table. Sex Income Age Spending Male 87.50 52 156.88 Female 66.50 43 275.16 : : : : Male 51.90 61 159.51 a. Which of the above variables are categorical and which are numerical? b. What is the measurement scale of each of the above variable?
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Transcribed Image Text: 35. FILE Retailer. An online retail company is trying to predict customer spending in the first three months of the year. Brian Duffy, tł marketing analyst of the company, has compiled a data set on 200 existing customers that includes sex (Sex: Female/Male), annual income in 1,000s (Income), age (Age, in years), and total spending in the first three months of the year (Spending). A portion of the data is shown in the accompanying table. Sex Income Age Spending Male 87.50 52 156.88 Female 66.50 43 275.16 : : : : Male 51.90 61 159.51 a. Which of the above variables are categorical and which are numerical? b. What is the measurement scale of each of the above variable?
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Here, Given variables are(1) Kex(2) Income(3) Age(4) Spendinga. Sex-The variable sex is a categorical variable. The categorical variable is also called as qualitative variable. It describe a quality or attribute of the individual. It is a variable that can take on one of the limited, and usually fixed, number of possible values, assinging each individual or other unit of observation to a particular group or nominal category on the basis of the same qualitative property.sexdarrCategarical variableNominal variable.Srexcategorical Variable Nominal variable.(2) IncomeIncome is a numerical variable. It is also called as quantitative data. Numerical ... See the full answer