Explain the difference between qualitative and quantitative variables. Give an example of qualitative and quantitative variables.
Question:
Explain the difference between qualitative and quantitative variables. Give an example of qualitative and quantitative variables.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (15 reviews)
Quantitative variables have numerical valuesThey represent a ...View the full answer
Answered By
Ananya lakhera
I have done my +2 from convent of Jesus and Mary Dehradun and have pursued BA from MCMDAV Chandigarh . My hobbies include photography and writing
0.00
0 Reviews
10+ Question Solved
Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-1259666360
17th edition
Authors: Douglas A. Lind, William G Marchal
Question Posted:
Students also viewed these Business questions
-
What is the difference between qualitative and quantitative international market research?
-
Write a report about the difference between qualitative and quantitative research methods related to Saudi Arabia of study. Write about the use of qualitative research in Saudi Arabia of study.
-
Briefly explain the distinction between qualitative and quantitative analysis in conducting data analytics.
-
Write a formula for a function g whose graph is similar to f(x) but satisfies the given conditions. Do not simplify the formula. f(x) = 3x 3x + 2 (a) Shifted right 2000 units and upward 70 units (b)...
-
Suppose a company has 10 employees, 1 earning $160,000, 1 earning $120,000, 2 earning $60,000, 1 earning $40,000, and 5 earning $32,000. (a) What is the mean salary for the company? (b) What is the...
-
A 2.770-g sample containing only carbon, hydrogen, and oxygen burns in excess O 2 to produce 4.06 g CO 2 and 1.66 g H 2 O. Calculate the mass of each element in the sample and the mass percentage of...
-
Predicting runs scored in baseball. Refer to the Chance (Fall 2000) study of runs scored in Major League Baseball games, Exercise 12.19 (p. 698). Multiple regression was used to model total number of...
-
The Weemow Lawn Service mows its customers lawns and provides lawn maintenance starting in the spring, through the summer, and into the early fall. During the winter, the service doesnt operate, and...
-
Mary invests $210,000 in an annuity that earns 8.75% interest compounded quarterly. It makes monthly payments over 20 years. What is the amount of the final payment? For full marks your answer should...
-
Go to the Webinars worksheet. DeShawn wants to determine the number of webinars the company can hold on Tuesdays and Thursdays to make the highest weekly profit without interfering with...
-
Explain the difference between a sample and a population.
-
Slate is a daily magazine on the Web. Its business activities can be described by a number of variables. What is the level of measurement for each of the following variables? a. The number of hits on...
-
As was explained in the previous question, the normal (or average) body temperature of humans is oft en thought to be 98.6 F. Is that number really the average? To test this, we will use a data set...
-
How do cognitive biases such as confirmation bias, anchoring, and the availability heuristic influence the quality of decision-making within complex organizational contexts ?
-
What role do cognitive biases, such as confirmation bias and anchoring, play in perpetuating conflict, and how can awareness of these biases facilitate more effective conflict resolution strategies?
-
Were you surprised by the results? Do you agree with the results? How can you use this knowledge of your personal biases to inform your management strategies? How can the identified biases impact...
-
what ways do existing power structures perpetuate social stratification, and what are the socio-political ramifications of these dynamics ?
-
How do feedback loops and reflective practices contribute to continuous improvement and the refinement of teamwork dynamics over time ? Explain
-
Suppose that at your currently weekly consumption levels, your marginal utility from bagels is 100 and your marginal utility from oranges is 75. The price per bagel is $1.00 and the price per orange...
-
Why did management adopt the new plan even though it provides a smaller expected number of exposures than the original plan recommended by the original linear programming model?
-
The law firm of Hagel and Hagel is located in downtown Winnipeg. There are 10 partners in the firm: 7 live in Osborne Village and 3 live in St Boniface. Wendy Hagel, the managing partner, wants to...
-
The National Aeronautics and Space Administration (NASA) has experienced two disasters. The Challenger exploded over the Atlantic Ocean in 1986, and the Columbia exploded over east Texas in 2003....
-
New Process Inc., a large mail-order supplier of womens fashions, advertises same-day service on every order. Recently, the movement of orders has not gone as planned, and there were a large number...
-
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
-
Brief Exercise 10-6 Flint Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building...
-
"faithful respresentation" is the overriding principle that should be followed in ones prepaparation of IFRS-based financial statement. what is it? explain it fully quoting IAS. how this this...
Study smarter with the SolutionInn App