Categorical or Quantitative (Numerical)?Airbnb is a large online marketplace for peopleto list, discover, and book unique accommodations around the world. This online service hasgrown into a multi-billion dollar industry that is even popular right here in Ames, IA. Classifyeach variable below as categorical or quantitative.(a) Month of the year with the most Airbnb reservations in Ames, IA.(b) Airbnb’s total annual proﬁt. (c) Type of rental on Airbnb ( Type 1= whole house, Type 2 = private room, Type 3 = shared room, etc.). (d) Unique 10-digit reservation number for each Airbnb stay. (e) Number of house rentals available in a given county of Iowa.

Month of year with most reservations is a qualitative or categorical variable because it can't be represented numerically in a meaningful way. For example, with most reservations month of a year can be June or July.

b.

Airbnb's total annual profit is a quantitative variable because it can be presented in numerical form and mathematical operation can be meaningfully interpreted.

c.

Type of rental on Airbnb is a qualitative or categorical variable because it can't be represented numerically in a meaningful way. Also, it can be divided into categories whole house, private room and shared room etc.

d.

Unique 10-digit reservation number is a qualitative or categorical variable as these exists in numerical form but these numbers are used only as identifiers. The mathematical operation on these numbers can't be meaningfully be interpreted.

e.

Number of house rentals is quantitative variable because it can be presented in numerical form and mathematical operation can be meaningfully interpreted.

marvineetesh3 marvineetesh3 · Answer 2 · 2022-02-07T12:49:38+01:00

The qualitative, categorical, and quantitative statements of the above cases are:

a. Categorical

b. Quantitative

c. Categorical

d. Categorical

e. Quantitative

What is quantitative?

Quantitative is the term used mainly to describe the quantity of a particular case, but not describe it as an attribute.

What is categorical?

Categorical means describing anything in a particular way or series.

a.

The month of the year with most reserves is a qualitative or categorical variable because it can not be equal numerically in a meaningful way.

For example, with most reserves the month of the year can be June or July.

b.

Airbnb's total annual profit is a quantitative variable because it can be shown in mathematical operations that can be meaningfully interpreted.

c.

The type of rental on Airbnb is a categorical variable because it can't be represented numerically in a meaningful way. Also, it can be divided into categories whole house, private room, shared room etc.

d.

A unique 10-digit reservation number is a qualitative or categorical variable as these exist in numerical form, but these numbers are used only as identifiers. The mathematical operation on these numbers can't be meaningfully be interpreted.

e.

The number of house rentals is a quantitative variable because it can be presented in numerical form and mathematical operation can be meaningfully interpreted.

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