question archive DQ 1) Discuss the difference between qualitative and quantitative variables
DQ 1) Discuss the difference between qualitative and quantitative variables
Subject:BusinessPrice: Bought3
DQ 1) Discuss the difference between qualitative and quantitative variables. Then give 5 example of each. Which type of variable do you think gives us the most information and why?
DQ 2) Define the four levels of measurement. Give examples of each level. Which level do you think gives us the most information and why?
DQ 3) Define the four components of time series. Give examples of when a time series analysis would be useful, give examples.
DQ 4) Define what a linear trend is. When is it appropriate to use a linear trend and when would it not be appropriate to use a linear trend. Explain your position by giving examples.
