Economy, asked by ishmaharishmaj4, 5 months ago

All statistical data are quantitative facts were as alla quantitative data are not statistical facts. Explain?

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Answered by hshhsb

1

Answer:

Statistical data are all about quantitative facts, for example: Change in prices of cereals are in number.

Quantitative Data means which we can count or which are in numbers (1,2,3..) and qualitative is about qualities of a thing/person (colour of cereals)

As we are studying statistics, all data are quantitative facts.

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