A Fan Observes the Numbers on the Shirts of a Girlʹs

question 11

Multiple Choice

A fan observes the numbers on the shirts of a girlʹs soccer team. Identify the type of data collected.

• A)qualitative
• B)quantitative

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Definitions:

Prevailing Market

The current conditions in a market, including aspects like prices, demand, and supply, influencing business decisions.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Wage Compression

A situation where there is a diminishing difference in pay between employees regardless of their skills, experience, or job responsibilities.

Pay Structure

The organization of different salary levels and scales that reflects the hierarchy of positions, responsibilities, and salaries within a company.