Download App

Collection of Data — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsCollection of Data3 Marks
Question
Differentiate between quantitative and qualitative data
✓

Answer

The variables which can be expressed in numerical terms are known as quantitative variables, and data collected on quantitative variables is known as quantitative data. On the other hand, variables which cannot be expressed in quantitative terms are called qualitative variables and data on qualitative variables is called qualitative data.se.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from Collection of Data→Collection of Data — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

List the different cases in which data can be collected as information from correspondents.
→
Write three merits of standard deviation.
→
“Algebraic signs are not taken into consideration in computing mean deviation.” Explain.
→
What is the minimum price ceiling? Explain its implications.
→
Market economies promote disparities in income distribution even when resources are optimally utilised. Substantiate this observation.
→
Two distributions with $100$ and $200$ items have a mean of $20$ and $10$. Find the combined mean of two distributions.
→
Differentiate between Sub Divided and Multiple Bar Diagram.
→
Complete the following table:
Units of LabourTotal ProductAverage ProductMarginal Product
140--
2--60
3--50
4180--
5-36-
6---18
→
Which average would be suitable in the following cases?
Average size of readymade garments.
→
Mr Ashok was getting ₹ 400 in the base year and ₹ 800 in the current year. If Consumer Price Index is ₹ 350, then what extra amount is required for maintaining the earlier standard of living?
→