Manual Event (Session ID,DateTime,Event) = hotpdqi53karvqctf6mgcaan6n 20241125083710 /tc/communities/is-salary-also-a-kind-of-quantitative-variable/

Is salary also a kind of quantitative variable?

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Lee HP

2020年8月5日

Is salary also a kind of quantitative variable?

Is salary also a kind of quantitative variable?

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Sum Yi

2020年8月5日

Welcome.

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Lee HP

2020年8月5日

Thank you.

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Sum Yi

2020年8月5日

Yes and no. Salary is a discrete (quantitative) variable if you use the actual amount of money earned. But salary can be turned into a nominal variable by defining "high salary" as an annual salary of more than $200,000, "moderate salary" as less than or equal to $200,000 and more than $75,000, and "low salary" as less than or equal to $75,000.

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