TYPES

OF DATA
Applied Sta+s+cs and Compu+ng Lab Indian School of Business

Applied Sta+s+cs and Compu+ng Lab

Learning Goals
What is Data? Need for classifying Data into Types Dierent types of Data
Various ClassicaIons

Applied Sta+s+cs and Compu+ng Lab

Data
Recorded, relevant informaIon Not necessarily just numbers Any relevant facts, gures, observaIons or descripIons of things

Applied Sta+s+cs and Compu+ng Lab

Need for dierent types of Data

Example: Cars Data Car Type Price What is the dierence between these two? The type of informaIon The quanIty of informaIon Hence, the need for dierenIaIng between the forms of Data

Applied Sta+s+cs and Compu+ng Lab

QualitaIve and QuanItaIve Data

Example: Type, Make of Car, RaIng (Qualita+ve/Categorical) Price, Mileage, Cylinders (Quan+ta+ve/Numeric) DeniIons: Qualita+ve: DescripIons, cannot actually be measured, places data into categories (aka Categorical Data) Quan+ta+ve: Measurements, numeric

Applied Sta+s+cs and Compu+ng Lab

Nominal and Ordinal Scale Data

QualitaIve: Type, Make of a car (Nominal) RaIngs (Ordinal) DeniIons: Nominal: Simply allocaIon into disInct categories, not measured or ordered Sex, Color, NaIonality Ordinal: Classied based on whether they have more or less of a characterisIc. These categories have a logical ordering between them Income Group, Rate a course etc.

Applied Sta+s+cs and Compu+ng Lab

Interval and RaIo Scale data

QuanItaIve: Date the car was manufactured on (Interval) Price, Mileage (Ra+o) DeniIons: Interval: allows for the degree of dierence between items, but not the raIo between them, arbitrarily dened Zero value Temperature, Dates Ra+o: permits the comparison of dierences in values, has a xed zero value Area, height, weight, number of customers entering a store in a day

Applied Sta+s+cs and Compu+ng Lab

Scales of Measurement

Applied Sta+s+cs and Compu+ng Lab

Discrete and ConInuous Data

Cylinders (Discrete) Price (Con+nuous) DeniIons:
Discrete: nite number of values possible, countable, space between any two possible values on the number line. Number of Imes the price of stock A changed before the market closed: 0 1 2 3 4 5 6 7 8 9 10 11 12 Con+nuous: innite possible values, forms a conInuum Time taken for the stock price to change for the second Ime ( In seconds

0 60

Applied Sta+s+cs and Compu+ng Lab

Thank you

Applied Sta+s+cs and Compu+ng Lab