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Explain the difference between quantitative and

Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich ISBN: 9780321826237 51

Solution for problem 6E Chapter 1

Statistics for Business and Economics | 12th Edition

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Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich

Statistics for Business and Economics | 12th Edition

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Problem 6E

Problem 6E

Explain the difference between quantitative and qualitative data.

Step-by-Step Solution:
Step 1 of 3

Solution 6E

Step1 of 2:

In this problem our goal is to Explain the difference between quantitative and qualitative data.

We know that statistics is the science of data. And understanding data is very important in statistics. Generally there are two types of data one is quantitative and another one is qualitative data.


Step2 of 2:

1). Quantitative data: Quantitative data are numerical measurements that represent an amount or a quantity.

For Example: height, weight, price, etc.

2). Qualitative data: Qualitative data are non numerical measurements that represent an attribute or a quality.

For Example: occupation, marital status, sex, etc.


Step 2 of 3

Chapter 1, Problem 6E is Solved
Step 3 of 3

Textbook: Statistics for Business and Economics
Edition: 12
Author: James T. McClave, P. George Benson, Terry T Sincich
ISBN: 9780321826237

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Explain the difference between quantitative and