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QRB 501 Week 2 DQs Ver 1
This file of QRB 501 Week 2 Discussion Questions Ver 1 contains:
DQ 1: Discuss the difference between qualitative and quantitative variables. Then give 5 example of each. Which type of variable do you think gives us the most information and why?
DQ 2: Define the four levels of measurement. Give examples of each level. Which level do you think gives us the most information and why?
DQ 3: Define the four components of time series. Give examples of when a time series analysis would be useful, give examples.
DQ 4: Define what a linear trend is. When is it appropriate to use a linear trend and when would it not be appropriate to use a linear trend. Explain your position by giving examples.