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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


Definitions:

Average Rate Of Return

The mean annual growth rate of an investment over a specified period of time, expressed as a percentage.

Excess Funds

Resources or capital that exceed the immediate operational or investment needs of an entity.

Rate Of Interest

The slice of a loan attracting interest fees for the borrower, typically outlined as an annual percentage of the still owing loan amount.

One-tailed Hypothesis

A statistical hypothesis test where the region of rejection is on only one side of the sampling distribution.

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