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Vesnalui [34]
4 years ago
5

Fifty people were asked to respond to a survey question regarding how frequently they used their credit card. The categories the

y were asked to choose from are given below: 1) Infrequently 2) Sometimes 3) Frequently. qualitative neither
Business
1 answer:
elixir [45]4 years ago
6 0

Complete Question: Classify the following data. Indicate whether the data is quantitative or quantitative, Gender is an example of which type of data here, discrete, continuous, or neither and indicate the level of measurement for the data. Fifty people were asked to respond to a survey question regarding how frequently they used their credit card. The categories they were asked to choose from are given below: Infrequently Sometimes Frequently. 1). Are these data quantitative or quantitative? 2).  Are these data discrete or continuous or Neither ?3). What is the highest level of measurement the data possesses? Nominal, Ordinal, Interval, or Ratio

Answer:  is the data is<em> </em><u><em>Qualitative</em></u>, the data is <u><em>neither</em></u><em> </em>(data not shown) discrete nor continuous, and finally the the level of measurement of data is <u><em>ordinal</em></u>. Lastly

1). What is Quantitative and Qualitative data: <u>Quantitative data</u> includes large groups of people usually in hundreds or thousands, collecting data by structured questionnaire technique that consists of forced choice and closed ended questions. While on the other hand, <u>Qualitative data</u> includes small group and conduct the research in the form of in-person or focus groups, phone interviews and detailed surveys. Qualitative technique is more precise and in depth kind of technique.

2). The option is neither, which means gender (male or female) is not specified. Insufficient information is given of the people's gender.

  • Continuous data ( data that can be divided and reduced to more precise level <u>for example</u> <em>measurements</em>)
  • Discrete data ( this form of data includes integers, which means the count cannot be made more accurate <u>for example</u> <em>counts</em>)

3). Level of measurement of data: There are four types of data levels of measurements namely;

  • Nominal
  • Ordinal
  • Interval
  • Ratio

Ordinal level of measurement: In an ordinal level of measurement, data is specified in order form which means the ordinal level of measurement shows an ordering of the measurements. <u>For example</u>, In a class of 20 students, the student who got the highest marks in the exam stood 1st rank in the class then the student who got second highest marks stood 2nd rank in the class and so on. The students got their ranks order wise according to the marks they obtained.

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A. Differentiation strategy.

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In the given scenario ABC tries to add value to their products and services so they can attract customers who are willing to pay a higher price.

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This would be an interest group.

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Who among the following is a manager with good time-management skills?
ioda

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c. Jonathan, who segregates tasks and classifies them based on priority needs

Explanation:

Time management entails planning and controlling how much time one spends to undertake assigned tasks. Good time management skills increase one's efficiency and productivity.

Phone calls should be scheduled during less productive hours. One should delegate tasks where possible to enable timely completion. It is important to undertake one task at a time in order to be efficient. Tasks should be undertaken based on priority.

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When should you use Add other funds to this deposit grid in a Deposit Transaction? Identify 3 correct options. (Select all that
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Answer:

(A) When an employee reimburses the company

(B) You receive a tax refund from the IRS

(D) When a company doesn’t record income using sales transactions (invoices or sales receipts), and wants to record deposits directly to income accounts

Explanation:

The three options are -

Option A is correct as the employee repays the company so that the funds to this deposit will be added to the deposit transaction.

Option B is correct as the employee or an individual will get the tax refund from the IRS which can be deposited to the deposit grid.

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