The correct answer is: TRUE.
<u>In order to measure qualitative data quantitively, categorical variables are used</u>. These type of variables are defined by a set of positive numbers, and each number is connected to a nominal category, which has been defined based on a qualitative property.
For example, if conducting a research about holiday patterns, one of the variables registered aims to measure the season in which people travel the most hence the following categories are defined: spring (=1), summer (=2), autumn (=3) and winter (=4). This is a categorical variable. If it only had two categories it is denominated a dummy or binary variable (values: 0, 1).
There are of course exceptions to this rule - a pentagonal County Route marker isn't (typically) a greater threat than a standard square route marker, and even though they have only 3 sides, the YIELD and No Passing Zone signs are still rather important (and the pennant shape of the NPZ sign serves as a sort of "get ...
Answer:
The two categories of sources of credit are formal and informal sources.
Explanation:
The formal source of credit as the name implies is an official means of obtaining loans. Its features include,
1. It is administered by corporate institutions like banks and other lending bodies.
2. It is regulated by a body in the relevant country.
3. There are recognized and standard interest rates that must be paid by the borrower.
4. It is guided by laws which both parties are expected to keep.
The Informal sources of credit are unofficial means of borrowing funds There features include,
1. They can be obtained from friends, relatives, and acquaintances.
2. There are no standard interest rates as these are determined by the lenders.
3. There are no official bodies to regulate the lending process.
4. They are mostly used by poor businessmen and women who need small loans.
Answer:
Inattention is generally caused by concentration on emotional issues.
Explanation:
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