Intro to Industrial Engineering
Ordinal data refers to a type of categorical data that represents the order or ranking of items but does not quantify the difference between those items. This kind of data is crucial for understanding the relative position of variables, making it essential for both descriptive and inferential statistics. While ordinal data can indicate whether one value is greater or lesser than another, it does not provide specific information about how much greater or lesser they are.
congrats on reading the definition of ordinal data. now let's actually learn it.