III M2

Which of the following best defines quantitative data?

• Data presented in narrative form

• Data with numerical values for mathematical calculations

• Data based on qualitative analysis

• Data with descriptive interpretations

What is the primary purpose of data interpretation?

• Assigning arbitrary values to data

• Reviewing data for informed conclusions

• Gathering data from multiple sources

• Organizing data in a haphazard manner

Which of the following is NOT a common scale of measurement?

• Nominal Scale

• Ordinal Scale

• Ratio Scale

• Sequential Scale

In quantitative research, what does the mean represent?

• The most common value in a dataset

• The midpoint of the value scale

• An average for a set of responses

• The highest value in a dataset

What does the term "weighted mean" refer to?

• The mean value of a dataset without outliers

• A mean value where all data points carry equal weight

• A mean value where certain data points have more influence

• The median value of a dataset

Which step is NOT part of conducting quantitative data analysis?

• Relating measurement scales with variables

• Deciding a measurement scale

• Selecting inappropriate tables for data representation

• Connecting descriptive statistics with data

What does regression analysis focus on?

• Historical data and KPIs

• Determining variability of factors

• Modeling the relationship between variables

• Identifying differences between groups

Which technique helps to determine relationships between variables?

• Dispersion Analysis

• Regression Analysis

• Factor Analysis

• Discriminant Analysis

Which chart is best suited for representing trends over time?

• Bar Chart

• Pie Chart

• Line Chart

• Funnel Chart

What does a radar chart primarily compare?

• Distribution of variables

• Ranking of categories

• Proportions of different classifications

• Correlation between variables