BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Quantitative values are associated with most measuring parameters such as pounds or kilograms for weight, dollars for cost, etc.
A
True
B
False
Explanation: 

Detailed explanation-1: -Yes, the weights are quantitative data because weight is a numerical variable that is measured.

Detailed explanation-2: -Quantitative Variable. Variables that have are measured on a numeric or quantitative scale. Ordinal, interval and ratio scales are quantitative. A country’s population, a person’s shoe size, or a car’s speed are all quantitative variables.

Detailed explanation-3: -Continuous data. Continuous data, on the other hand, can be infinitely broken down into smaller parts. This type of quantitative data can be placed on a measurement scale; for example, the length of a piece of string in centimeters, or the temperature in degrees Celsius.

Detailed explanation-4: -Quantitative variables are any variables where the data represent amounts (e.g. height, weight, or age).

There is 1 question to complete.