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Business Statistics, Scale of Measurement-The way data is measured to be…
Business Statistics
Data
The information that is used to help a business understand what they need to focus on or what they need to do different.
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Variable
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Some examples of what to collect would be the problems, research, experiments, etc.
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Data Categories
Qualitative Data
Nominal
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Example 
Ordinal
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Example
Quantitative Data
Interval
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Example
Ratio
Example
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Statistics is the analyzing of data in large quantities or analyzing data in smaller, easier-to-read quantities.
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