Use the following information for questions:
In a survey of 1000 adults, respondents were asked about the expense of a college education and the relative necessity of financial assistance. The correspondents were classified as to whether they currently had a child in college or not (college status), and whether they thought the loan obligation for most college students was too high, about right, or too little (loan obligation opinion). The table below summarizes some of the survey results. Use these results to answer the following questions.
-Which type of variable is Loan Obligation Opinion?
A) Categorical
B) Quantitative
C) Continuous
D) Measurement

Question

Use the following information for questions:
In a survey of 1000 adults, respondents were asked about the expense of a college education and the relative necessity of financial assistance. The correspondents were classified as to whether they currently had a child in college or not (college status), and whether they thought the loan obligation for most college students was too high, about right, or too little (loan obligation opinion). The table below summarizes some of the survey results. Use these results to answer the following questions. 
-Which type of variable is Loan Obligation Opinion?
A) Categorical 
B) Quantitative 
C) Continuous 
D) Measurement

Quizplus · Accepted Answer

Loan Obligation Opinion is a type of variable that categorizes or classifies data into distinct groups or categories, such as ratings (e.g., AAA, AA, A, etc.), making it a categorical variable.

Use the Following Information for Questions