In Qualitative Data Analysis

question 22

Multiple Choice

In qualitative data analysis:

• A)Rather than analysing numbers, researchers analyse language and they use language to give expression to their analyses
• B)Researchers engage in analysing descriptive statistics.
• C)Researchers engage in analysing inferential statistics.
• D)Researchers engage in analysing numeric data.

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Definitions:

Initial Endowment

The set of resources or assets that agents possess at the start of an economic analysis or experiment.

Pareto Optimal

A scenario in resource distribution where enhancing the welfare of a single person would lead to a detriment to another person.

Utility Function

A mathematical representation that ranks an individual's preferences for various outcomes, reflecting the level of satisfaction or happiness that different bundles of goods and services provide to the individual.

Edgeworth Box

A diagram used in economics to show the distribution of resources and the potential for Pareto improvements within an exchange economy.