Classify the Variable as Qualitative or Quantitative

question 7

Multiple Choice

Classify the variable as qualitative or quantitative.
-the number of seats in a school auditorium

• A) quantitative
• B) qualitative

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Definitions:

Frank Knight

An influential economist known for his work on risk, uncertainty, and the role these factors play in the economy.

Henry George

An American economist and social reformer of the 19th century known for his advocacy of a "single tax" on land to improve social equity.

Unearned Surplus

Income received without labor or active management, often through investments, rents, or inheritance, not directly resulting from the recipient's effort.

Tax Revenue

The income that is gained by governments through taxation.