Assigment_1_suggested_solutions.docVIP

Speaking of Statistics(12) - Assignment 1 – Suggested Solution Below we list several variables. Which of these variables are quantitative and which are qualitative? Explain. a. The dollar amount on an accounts receivable invoice. ( Quantitative b. The net profit for a company in 2005. ( Quantitative c. The stock exchange on which a company’s stock is traded. ( Qualitative d. The national debt of the United States in 2005. ( Quantitative e. The advertising medium (radio, television, or print) used to pr