which of the followibg measures can be calculated for qualitative data?
Answers
If the data being analyzed is qualitative, then the only measure of central tendency that can be reported is the mode. However, if the data is quantitative in nature (ordinal or interval/ratio) then the mode, median, or mean can be used to describe the data.
Which of the followibg measures can be calculated for qualitative data?
a. Mean b. Median c. Mode d. All of these
The correct answer is :
c. Mode
Explanation :
The mode follow-up measure can be calculated for qualitative data.
Mode is the variable in a statistical data which has maximum frequency and only mode is used in qualitative data.
Qualitative data refers to the descriptive and conceptual data collected through questionnaire, interview or observation. With the help of qualitative data, we analyze and find out ideas.
Qualitative data helps us to interpret quantitative results.
The qualitative narrative is often presented in the form of a narrative and the experience of personal and family stories is hidden in it.
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(b) Open market operation
(c) CRR
(d) Margin requirement