A popular travel magazine regularly reviews hotels worldwide. In a recent issue, it focused on hotels in Hawaii. Among the variables for which it provided data was the
Price range for rooms with an ocean view. Which of the following statements is true?
A) These data are transactional.
B) This variable is quantitative and the units are $.
C) This variable is quantitative and the units are number of rooms.
D) This variable is qualitative and ordinal.
E) These data are time series.

Question

Quizplus · Accepted Answer

The variable "Price range for rooms with an ocean view" is quantitative because it is a numerical value and can be measured. The units are in dollars, making it a quantitative variable with a currency unit.

A Popular Travel Magazine Regularly Reviews Hotels Worldwide