QNT 351 Week 2 Individual Assignment credit card purchases

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A company tracked all credit card purchases during the year 2005 and measured two variables: (1) the cardholderâ€™s town of residence, and (2) the amount (in dollars) of each monthly payment

a. identify the type (qualitative or quantitative) of each variable measured

b. does the data set collected represent a population or a sample?

a. Is the variable (1) qualitative or quantitative?

â€¢ Qualitative

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QNT 351 Week 2 Individual Assignment qualitative and quantitative

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Explain the difference between qualitative and quantitative data

Choose the correct answer bellow

A. Quantitative data are collected from an observational study , while qualitative data are from a designed experiment

B. Quantitative data are data from a sample, while qualitative data are data from a population

C. Quantitative data are numerical in nature, while qualitative data are categorical in nature

D. Quantitative data are data from a population, while qualitative data are data from a sample

E. Quantitative data are categorical in nature, while qualitative data are numerical in nature

F. Quantitative data are collected from a designed experiment, while qualitative data are from a observational study

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QNT 351 Week 2 Individual Assignment variables as qualitative

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Identify each of the following variables as qualitative or quantitative

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