Qualitative Research as Using Numerically Based Data

question 7

True/False

Qualitative research as using numerically based data,

---

Definitions:

Probability

A mathematical measure indicating the likelihood or chance of a specific event occurring, ranging from 0 (impossible) to 1 (certain).

Quarter

A period of three months used in financial and business sectors for reporting, forecasting, and dividing the fiscal year.

Tails

The extreme ends of a distribution, representing outcomes that are far from the central peak of the distribution.

Flipping

Flipping typically refers to buying assets, such as real estate or stocks, and quickly selling them for a profit.