Qualitative and Quantitative data
What is the difference between qualitative data and quantitative data, provide an example of each.
Expert
Firstly, the Quantitative data takes into consideration figures and frequencies instead of laying emphasis on connotation and understanding. Quantitative data can be gathered from various sources like experiments, conducting questionnaires and psychometric evaluations etc. On the other, Qualitative data includes facts that are connected with highlighting connotation instead of numerical data. Further, qualitative data can be easily collected by means of interviews etc.
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Perfect competition is characterized by all of the following except w) heavy advertising by individual sellers. x) homogeneous products. y) sellers are price takers. z) a horizontal demand curve for individual sellers. Discover Q & A Leading Solution Library Avail More Than 1435996 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1950585 Asked 3,689 Active Tutors 1435996 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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