MANAGEMENT INFORMATION SYSTEMS: MANAGING
MANAGEMENT INFORMATION SYSTEMS: MANAGING
16th Edition
ISBN: 9780135790939
Author: LAUDON
Publisher: PEARSON
Expert Solution & Answer
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Chapter 15, Problem 1IQ

Explanation of Solution

Working with quantitative data

  • Quantitative data is used to work in a college course.
  • These are data about numeric values that is how many, how much or how often as an example.
  • Quantitative data are measures of values or counts and are expressed as numbers.
  • It makes measuring various parameters controllable due to the ease of mathematical derivations.

Explanation of Solution

Uses of quantitative data

  • Quantitative data is used to measure various parameters controllable due to the ease of mathematical derivations.
  • It is used to express a certain quantity, amount or range.
  • It is also used to set boundary limits to such data, and also used to apply arithmetic operations to the data.
  • It provides important information for business operations and also provides valuable data for use in the design of a product.

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