DATABASE FUNDAMENTALS
TYPES OF DATA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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nominal, ordinal, interval, and ratio
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qualitative and quantitative (continuous & discrete)
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descriptive and inferential
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parameter and statistic
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Detailed explanation-1: -Quantitative research is a numerical and statistical analysis of statistical and numerical data (numbers and statistics). On the other hand, qualitative research deals with open-ended and non-numerical data (concepts, descriptions, meanings, words, and more).
Detailed explanation-2: -One can classify the types of data science professionals depending on the outcomes they deliver. AI/ML Engineer, Data Analyst, Actuarial Scientist, Mathematician, Digital Analytics consultant, etc., are some of the roles which fall under data science.
Detailed explanation-3: -There are two general types of data – quantitative and qualitative and both are equally important. You use both types to demonstrate effectiveness, importance or value.