Chapter 15, Problem 1IQ

Explanation of Solution

Working with quantitative data

• Quantitative data is used to work in a college course.
• These are data about numeric values that is how many, how much or how often as an example.
• Quantitative data are measures of values or counts and are expressed as numbers.
• It makes measuring various parameters controllable due to the ease of mathematical derivations.

Explanation of Solution

Uses of quantitative data

• Quantitative data is used to measure various parameters controllable due to the ease of mathematical derivations.
• It is used to express a certain quantity, amount or range.
• It is also used to set boundary limits to such data, and also used to apply arithmetic operations to the data.
• It provides important information for business operations and also provides valuable data for use in the design of a product.