Managers' Decisions Are Based Primarily on Quantitative Data Because the Qualitative

question 68

True/False

Managers' decisions are based primarily on quantitative data because the qualitative factors are not usually relevant to the decision making process.

---

Definitions:

Respondents

Individuals who answer questions in a survey or study.

F-ratios

Used in analysis of variance, it compares the variance between groups to the variance within groups, helping determine statistical significance.

Skewed

A distribution that is not symmetric about its mean, having more values on one side of the center than the other.

Variances

A measure of the dispersion indicating how much the numbers in a data set differ from the mean.