If a researcher wants to analyze the category of fruits based on their quality, they use ordinal variables for determining the quality and classify them in rank or order. Through ordinal variables, it is easy to understand the quality of certain products. High-quality products will be categorized in the first rank group, medium quality products will be categorized in the second rank group, and low-quality products will be categorized in the third rank group. In this way, ordinal variables summarize the data into different groups or ranking order, as per their quality.
Collection of data.
Determine the groups or ranking order.
Differentiate them according to quality.
Place them in the correct order.
Examine the quality as per their grades or rank.
Now, it is easy to differentiate the quality of products according to their rank or grades. Some of the benefits of using ordinal variables method include:
It simplifies the data and makes it reliable.
It is easy to understand.
It is used for quality determination.
It is used for research and analysis purposes.
An example of using ordinal variables method
If any coaching institute wants to know the best performers and worst performers of their institute, how will they determine them?
Here is the analysis,
First, they categorize the data of all students of the institute by using nominal variables.
Second, the ordinal variables are used for the classification of data in ranks or order. For instance, best performers are placed in first rank or order, average performers are placed in the second rank, and worst performers are placed in the third rank.
Then, using interval variables, meaningful differences between them are calculated which determines the reason for differences in performances of the students.
And in the end, ratio variables are used for calculating the absolute value for determining the ratio of the difference between them.
Categorization of the data.
Ranking or order of the data.
Calculate meaningful differences between the data.
Determine the ratio of the difference between the values.
Conclude the data.
Prepare the report of analysis.
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