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Fundamentals of Statistics

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Unit 1 - Fundamentals of Statistics
Patricia Schneider
American InterContinental University

Abstract
This paper is about the difference between qualitative data and quantitative data. If also will show how a qualitative data chart looks like and how the information is retrieved, it shows what type of information is put in a quantitative chart and how it is also retrieved. What standard deviation and variance is? Why charts and graphs are important tool for communicating facts and figures?

Introduction
The data that I chose for the qualitative data was the gender, and the quantitative data that I chose was the intrinsic. In this essay you will learn what the differences between qualitative data and quantitative data is? Why graphs and charts are so important in businesses and why they are used in communicating the facts?
Chosen Variables
The data that I have chosen is the gender and the intrinsic. The gender is qualitative data and the intrinsic is the quantitative data.
Difference in variable types
The difference between qualitative and quantitative variables is the qualitative has no value or is just a label where the quantitative has a value. The qualitative is a label there is no value of information to be measured. Qualitative is a non numerical measurement on a set of people or objects (Segal, 2011). Quantitative is numerical measurement for a set of people or objects (Segal, 2011).
Descriptive statistics: Qualitative variable | | Qualitative by Gender | | male | 30 | 1 | | female | 10 | 2 | | | | | | | | | | | |

Explanation of descriptive statistics These statistics show that AIU has more males that work for them than they have females. They have 75% males and 25% are females. AIU hires more males to work for their company than what they do females.
Descriptive statistics: Quantitative variable |

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