--%>

Qualitative and Quantitative data

What is the difference between qualitative data and quantitative data, provide an example of each.

E

Expert

Verified

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. 

   Related Questions in Business Economics

  • Q : How demand is influenced by price

    Describe how the demand for a good is influenced by the price of its associated goods. Give illustrations.

  • Q : Illustrate the term Economic Rationale

    Illustrate the term Economic Rationale?

  • Q : Illustrate Measuring unemployment

    Illustrate Measuring unemployment?

  • Q : Regulate prices to ensure against

    Not between exact activities for government to undertake, according to Adam Smith, would be for the government to: (1) maintain public institutions and public works. (2) protect society by invasion. (3) serves as a medium for law and justice. (4) regu

  • Q : What are the main sources of growth

    What are the main sources of growth?

  • Q : What are the 2 definitions of economics

    What are the 2 definitions of economics growth?

  • Q : Explain the term leverages Briefly

    Briefly explain the term leverages?

  • Q : Guideline for monetary policy using

    Question: In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables? Answer: <

  • Q : Describe the Euro Describe the Euro?

    Describe the Euro?

  • Q : Fruit Question: Read the following

    Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

    Discover Q & A

    Leading Solution Library
    Avail More Than 1426936 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1930230
    Asked

    3,689

    Active Tutors

    1426936

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.