Categorical DataIn which of the following situations will you have to deal with categorical data? (Please note that multiple options can be selected)You want to know whether or not the page load time affects the revenue.You want to know whether or not a more personalised search algorithm will have an impact on the conversion rate.You want to know whether or not employee efficiency is related to salary.You want to check whether or not altering the flow of your checkout funnel will lead to more purchases.
Question
Categorical DataIn which of the following situations will you have to deal with categorical data? (Please note that multiple options can be selected)You want to know whether or not the page load time affects the revenue.You want to know whether or not a more personalised search algorithm will have an impact on the conversion rate.You want to know whether or not employee efficiency is related to salary.You want to check whether or not altering the flow of your checkout funnel will lead to more purchases.
Solution
Categorical data is a type of data that can be grouped into categories and is often used in statistical analysis. In the situations provided, you will deal with categorical data in the following:
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You want to know whether or not the page load time affects the revenue. - This situation does not necessarily involve categorical data. Page load time is usually a continuous variable, and revenue is also a continuous variable.
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You want to know whether or not a more personalised search algorithm will have an impact on the conversion rate. - This situation involves categorical data. The type of search algorithm (standard or personalised) is a categorical variable.
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You want to know whether or not employee efficiency is related to salary. - This situation does not necessarily involve categorical data. Both employee efficiency and salary can be considered as continuous variables.
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You want to check whether or not altering the flow of your checkout funnel will lead to more purchases. - This situation involves categorical data. The type of checkout funnel (standard or altered) is a categorical variable.
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