Meaning of cardinal variable | Babel Free

Definitions

A variable whose values are ordered, that can be multiplied by a scalar, and for which the magnitude of differences in values is meaningful.

Examples

“In dealing with certainty choices, standard economic theory treats utility (intensity of preference) as an ordinal rather than a cardinal variable.”

“The least squares estimation treats happiness as a cardinal variable.”

“Life Satisfaction was handled as a cardinal variable, with values between one and seven, where one was assigned to the lowest level of satisfaction”

CEFR level