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Which of the following dependent variables are qualitative? Select all that appl

ID: 3322301 • Letter: W

Question

Which of the following dependent variables are qualitative? Select all that apply.(HAVE MORE THAN ONE ANSWER)

Deciding whether to buy, sell, or hold a stock.

The annual revenue of a company.

The number of daily transactions on an ATM.

Whether or not the average customer waiting time will exceed 10 minutes.

The day of the week with the highest number of late arrival flights.

a.

Deciding whether to buy, sell, or hold a stock.

b.

The annual revenue of a company.

c.

The number of daily transactions on an ATM.

d.

Whether or not the average customer waiting time will exceed 10 minutes.

e.

The day of the week with the highest number of late arrival flights.

Explanation / Answer

Qualitatitave variables are are non numerical variables. They are only names.

(a) Decision: Qualitative.

(b) Revenue: Quantitative

(c) Number of transactions : Quantitative.

(d) Average customer waiting time : Quantitative

(e) The day of the week : Qualitative.

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