Question

The output from a statistical software package indicates that the mean and standard deviation of a data set consisting of 200 measurements are ​$2 comma 000 and ​$400​, respectively. What are the units of measurement of the variable of interest? A. Units B. Dollars C. Single measurements Based on the units, what type of data is this, quantitative or qualitative? The data is

Answer 1

Dollars

Quantitative

Explanation:

The units of measurement of variable of interest are Dollars because the calculated mean and standard deviation of the data set of variable of interest indicates the measurements constitutes of dollars. The type of data is quantitative because the data can be meaningfully represented as numerically.