Assignment For Module 2 Lesson 2
Assignment For Module 2 Lesson 2
Quantitative Methods
This is informative data for the reason that it provides straightforward data
regarding their experience during the online classes.
We all know that there is a
fix amount of ethnicities that a
person can belong to. This is a
survey of student’s ethnicity on a
university. In the said university,
students can have classified
themselves into 7 ethnicities
namely: “Asian”, “Black”, “Filipino”,
“Hispanic”, “Native American”,
“Pacific Islander” and “White”.
This is also the case for students who say that they are “Black”, “White” or “Native
American” because all of these races also inhabit America and can as well say that they
are “American”.
We can observe that the sales are measured in dollars which is a numeric currency.
Furthermore, sales are a continuous data which can span from the past, present and
even in the future. With this said we can conclude that this is continuous data.
This data might be misleading depending on who looks at it, as shown above their
sales up until the present day isn’t going well and while it is forecasted that their sales
will recover it is just “forecast” and without data there is no making sure that the forecast
will actually come true.
This is data from the Loan Balances of Americans spanning from 1995 to 2019.
Data above shows that loans have significantly increased from 1995 till 2007
where it experienced a slight drop. How did we measure this data? Through counting the
money that people owe through their loans. And as defined, continuous variables are
data that have an infinite number of values. Money doesn’t have a fixed number which
makes this data regarding loans continuous data.
This data is informative as it blatantly shows the rise and fall of loans through the
years.