List 2 quantitative attributes of outdoor sporting goods that market researchers might want to measure. Explain the difference between a population and a sample.
Concepts and Terminology of Statistics Applied to Business Decision Making
Explain the difference between nominal and ordinal data.
List 3 qualitative attributes of outdoor sporting goods that the client may want to ask consumers. Make sure 1 of the qualitative attributes is nominal.
For each ordinal attribute, assign names for the endpoints of a 5-point rating scale.
Explain the difference between interval and ratio data.
List 2 quantitative attributes of outdoor sporting goods that market researchers might want to measure.
Explain the difference between a population and a sample.