Question

Imagine you are in the process of buying a new car. Give at least two examples of both qualitative and quantitative data that you would consider in your purchase decision. Explain and defend your choices provide several qualitative attributes and several quantitative characteristics you would consider important when purchasing a car.

Answer 1

Answer: Qualitative data cannot be recorded numerically at the initial stage, but can be later converted into numerical data for statistical purposes.

Quantitative data is conclusive in summary, can be recorded numerically first hand.

Explanation:

Qualitative data cannot be recorded numerically at the initial stage, but can be later converted into numerical data for statistical purposes.

Quantitative data is conclusive in summary, can be recorded numerically first hand.

Qualitative variables examples;

Colour of the car

Driver experience

Quantitative variables:

Size of the car

Horse power of the engine -