Select the correct statement regarding quantitative and qualitative information.
A) To be relevant, qualitative data need not be quantified.
B) Relevant information cannot have both quantitative and qualitative characteristics.
C) Qualitative data should only be considered when quantitative data are inconclusive.
D) To be relevant, qualitative data need not differ among the alternatives but must be future-oriented.

Question

Quizplus · Accepted Answer

Qualitative data is descriptive in nature and can contribute important insights without being quantified. This type of information can provide context, opinions, attitudes, and other non-numerical data that may be relevant for decision-making or analysis. Quantitative data, on the other hand, is numerical and can be measured or counted. Relevant information can have both quantitative and qualitative characteristics depending on the context and purpose of the analysis.

Select the Correct Statement Regarding Quantitative and Qualitative Information