Question 1

Abbi is a final year student in Bath Spa University doing her dissertation. After discussingwith her supervisor, her research objective is to estimate the relationship between returnsof stocks and level of risk of stocks (i.e., standard deviation of stock returns). Abbi is usingprimarydataandsecondary dataforherresearch.

a. List 3 examples of a categorical variable and 3 examples of a quantitative variable.

b. AbbicollectedthebelowdatafromThomson ReutersEikonofTesco.Howmuchis

• The Arithmeticmeanofthe stockprice?
• Themedian ofthestockprice?
• Themonthlypercentagechangeon01/02/2022?

c. Whatisthebesttype ofcharttorepresentthevariableTesco StockPrice? Create this chart.

d. In her dissertation, Abbi states that primary data is qualitative data. Is it correct? If not, howwouldyouexplaintoAbbi?