BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Data
A
are always be numeric
B
are always nonnumeric
C
are the raw material of statistics
D
none of these alternatives is correct
Explanation: 

Detailed explanation-1: -Data can be numeric in nature, which is alternative way of identifying quantitative data. Data can also be non-numeric, which is an alternative way of identifying qualitative data. The type of data a researcher possesses will, in large part, determine which type of analysis should be conducted.

Detailed explanation-2: -Sometimes called quantitative data, numerical data is always collected in number form.

Detailed explanation-3: -Numerical data refers to the data that is in the form of numbers, and not in any language or descriptive form. Often referred to as quantitative data, numerical data is collected in number form and stands different from any form of number data types due to its ability to be statistically and arithmetically calculated.

Detailed explanation-4: -Non – numeric data is any form of data that is measured in non-number (or word) form. It makes use of symbols and letters. Such data can only be identified in a word format. For example, employee address, date of birth, name, etc.

Detailed explanation-5: -The numerical data set is a data set, where the data are expressed in numbers rather than natural language. The numerical data is sometimes called quantitative data. The set of all the quantitative data/numerical data is called the numerical data set.

There is 1 question to complete.