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.