1. What is the difference between a qualitative variable and a quantitative variable? When would each be appropriate?
2. What is the difference between discrete and continuous variables? Under what circumstances would each be applicable? The Acme School of Locksmithing has been accredited for the past 15 years. Discuss how this information might be interpreted as a
a. qualitative variable.
b. quantitative variable.
14Source: ESPN.com, June 19, 2009.
15Source: FedEx Corporation, 2008 Annual Report, p. 26.
3. Jeff Bowlen, a labor relations expert, has collected information on strikes in various industries.
a. Jeff says, "Industry A has been harder hit by strikes than Industry B." In what scale of measurement is this information? Why?
b. Industry C has lost 10.8 days per worker, while Industry D has lost 14.5 days per worker. In what scale of measurement is this information? Why?