J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following questions were asked in the J.D. Power Initial Quality Survey, May 2012. Did you purchase or lease the vehicle?

J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following questions were asked in the J.D. Power Initial Quality Survey, May 2012. Did you purchase or lease the vehicle?

Question
Analyzing categorical data
asked 2020-11-24
J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following questions were asked in the J.D. Power Initial Quality Survey, May 2012.
Did you purchase or lease the vehicle?

Answers (1)

2020-11-25
The given information about the survey of new automobile owners to learn about the quality of recently purchased vehicles.
The variable is “purchase or lease the vehicle”.
Categorical variable:
Labels or names that are used to recognize the attributes of each element are called categorical data. In other words, the data can be grouped under specific categories. Hence, a variable with categorical data is called categorical variable.
Quantitative variable:
The data that take up numerical values or counting values are called quantitative data. A variable with quantitative data is called quantitative variable.
In the survey, whether to purchase or lease the vehicle, categorizes the response into two categories.
Thus, the question provides categorical data.
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