It is the science that deals with collection classification


D. It is the science that deals with collection, classification, and interpretation of information or data
2. Explain the difference between qualitative and quantitative data

Choose the correct answer bellow

A. Quantitative data are collected from an observational study , while qualitative data are from a designed experiment
B. Quantitative data are data from a sample, while qualitative data are data from a population
C. Quantitative data are numerical in nature, while qualitative data are categorical in nature
D. Quantitative data are data from a population, while qualitative data are data from a sample
E. Quantitative data are categorical in nature, while qualitative data are numerical in nature
F. Quantitative data are collected from a designed experiment, while qualitative data are from a observational study

3. Explain how populations and variables differ. Choose the correct answer bellow:
A. A population is a set of units of interest to a study. A variable is a subset of the units of a population
B. A variable is a set of units of interest to a study. A population is a characteristic or property of the units being studied.
C. A population is a set of units of interest to a study. A variable is an object upon which data is collected
D. A population is a set of units of interest to a study. A variable is a characteristic or property of the units being studied

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Accounting Basics: It is the science that deals with collection classification
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