Question: Define what we mean by a variable, and explain the difference between a quantitative variable and a qualitative (categorical) variable.

Define what we mean by a variable, and explain the difference between a quantitative variable and a qualitative (categorical) variable.

Step by Step Solution

★★★★★

3.36 Rating (177 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Any characteristic of a population elemen... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Statistics Questions!

Q:

Explain the difference between quantitative and qualitative data.

Q:

Explain the difference between a discrete variable and a categorical variable. Give an example of each type.

Q:

Explain the difference between a population mean and a sample mean using one of the studies discussed in the chapter as an example.

Q:

This is in Statistics. Explain comprehensively. Avoid plagiarism. thank you and Godbless. Just type only the answers. 1. Define variable, and explain the difference between a quantitative variable...

Q:

1. Define what we mean by a variable, and explain the difference between a quantitative variable and a qualitative variable. (4 marks) 2. Define Statistics. Explain its types, and importance to...

Q:

This is in Statistics. Explain comprehensively. Avoid plagiarism. thank you and Godbless. 1. Define variable, and explain the difference between a quantitative variable and a qualitative...

Q:

Can you help with these premises from STAT? Thank You. Please choose the correct option from each one. 1 - In a survey of 500 randomly selected adults, 35% answered "yes" when asked "Do you have a...

Q:

Can you help with these premises from STAT? Thank You. 1 - In a survey of 500 randomly selected adults, 35% answered "yes" when asked "Do you have a gun in your home?" A - sample: the 500 selected...

Q:

This is in Statistics. Explain comprehensively. Avoid plagiarism. thank you and Godbless. Just type only the answers. Indicate resources or reference which ideas are obtained. 1. Define variable, and...

Q:

1. Which of the following is an example of descriptive statistics and which is an example of inferential statistics? a. In a Gallup poll conducted April 1-9, 2019, participants were asked to rate...

Q:

The internet is a good place to get information that is useful to you in your study of accounting. For example, you can find information about current events, professional accounting organizations,...

Q:

Alex didn't study very hard when he took accounting because he thought he wouldn't ever use it on the job at Valentine Company. Yesterday, after preparing all end-of-the-month adjusting entries, both...

Q:

Exercise 6.13 Benchmarks play an important role in evaluating and selecting peripheral devices. For benchmarks to be useful, they must exhibit properties similar to those experienced by a device...

Q:

3 Assume your firm Paris SA (France) currently exports to the US on a monthly basis. The goods are priced in dollars. Once material is received from a source, it is quickly used to produce the...

Q:

What is meant by a census?

Q:

How does a population differ from a sample?

Q:

Name three areas where probability is used.

Q:

Photographic laboratories recover and recycle the silver used in photographic film. Stikine River Photo is considering purchase of improved equipment for their laboratory at Telegraph Creek. Here is...

Q:

Your company has been approached to bid on a contract to sell 5,100 voice recognition (VR) computer keyboards a year for four years. Due to technological improvements, beyond that time they will be...

Q:

Please help 1. Consider a system comprised of 3 identical components, each component has a reliability R. These components can be organized into the following congurations: Series System. Parallel...