Exam (elaborations) Management Quizz Chapter 4 Probability Question Bank with Correct Solutions 2021

1. State whether the following question provided is qualitative or quantitative data and indicate the measurement scale appropriate -Are you a male or female? a. Qualitative, ratio b. Quantitative, ratio c. Qualitative, nominal d. Quantitative, ordinal 2. State whether the following question provided is qualitative or quantitative data and indicate the measurement scale appropriate - How long have you been in your present job or position a. Qualitative, ratio b. Quantitative, ratio c. Qualitative, nominal d. Quantitative, ordinal • 2. State whether the following question provided is qualitative or quantitative data and indicates the measurement scale appropriate - What is your age? – Qualitative, ratio – Quantitative, ratio – Qualitative, nominal – Quantitative, ordinal The Wall Street Journal subscriber survey (October 13, 2013) asked 46 questions about subscriber characteristics and interest. State whether each of the following questions provided qualitative or quantitative data and indicate the measurement scale appropriate for each. a) What is your age? b) Are you male or female? c) When did you first start reading the WSJ? High school, college, early career, midcareer, late career, or retirement? d) How long have you been in your present job or position? e) What type of vehicle are you considering for your next purchase? Nine response categories include sedan, sports car, SUV, minivan, and so on. Ans a). Age: Quantitative; ratio scale of measurement b). Gender: Qualitative; nominal scale of measurement c). When start reading WSJ? Qualitative; ordinal scale of measurement since the responses can be ordered from earliest (high school) to latest (retirement) d). How long in job? Quantitative; ratio scale of measurement e). Type of vehicle: Qualitative; nominal scale of measurement