In What Ways Are Qualitative Data Analysis and Quantitative Data

question 9

Essay

In what ways are qualitative data analysis and quantitative data analysis similar? Identify and briefly describe each of the three general commonalities between qualitative data analysis and quantitative data analysis.

Understand the use of a screw pitch gauge to measure thread characteristics.

Understand the importance of proper record-keeping for vehicle maintenance in interstate commerce.

Recognize safe lifting techniques to prevent personal injury.

Identify appropriate fire extinguisher types for different classes of fires.

---

Definitions:

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a dataset, often used in accounting and inventory valuation.

Accounting Principle

Fundamental guidelines or rules that govern how financial statements are prepared and presented.

Fasb

The Financial Accounting Standards Board, an organization that establishes accounting and financial reporting standards for companies and nonprofits in the United States.

Standards-Setting Body

An organization or group responsible for developing and issuing standards, such as accounting or auditing standards.