What is Ordinal Data?
Ordinal data is a sort of categorical data with a set organization. For instance, ordinal data is said to have been gathered when a responder inputs their monetary happiness level on a measurement of 1-10. In ordinal data, there is no standard scale on which the distinction in each score is estimated.
How does Ordinal Data work?
Considering the model composed above, let us accept that 100 individuals procuring between $1000 to $10000 per month were approached to rate their degree of monetary happiness. A student making $2000 monthly might be on an 8/10 scale, while a mother of 3 procuring $5000 rates 3/10. It uncovers that a simple amount of income does not represent happiness but we need to see the context and the situation of the population.
Types and Examples:
The Matched and Unmatched Category