Which of the following is a quantitative variable?
→ Mileage of a car
In the Analytic Process, the next step after the descriptives (descriptives is the data that has
occurred up to the current point in time) have been collected, is to use the data to:
→ Make predictions
A ________ variab...
The dollar amount on an accounts receivable invoice.
→ Quantitative
The net profit for a company in 2017.
→ Quantitative
The stock exchange on which a company's stock is traded.
→ Qualitative
The national debt of the United States in 2017.
→ Quantitative
The advertising medium (radio, television, or print) used to promote a product.
→ Qualitative
A commercial shipping company operates a large fleet of trucks. The company needs to
collect data on vehicle usage including acceleration, braking, and vehicle maintenance such as
fluid levels. The datasourcing method needed to collect the data for this scenerio is
→ Sensor
Possible qualitative data for Stitchfix to collect is a clothing size such as small, medium, and
large. This is an example of __________ (ordinal, nominal, discrete, or continuous) variable.
→ Ordinal
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