Marie Valerie Y.

Ruayana

MM-TM

1. a. There are 6 variables in the data set.

b. The quantitative are the Price, CD capacity and the tape decks while the qualitative are the
brand and model, sound quality and FM tuning.

c. The average CD capacity is 3.

d. The percentage of the minisystems provides an FM tuning rating of very good is 30% and
excellent is 40%.

e. The percentage of the minisystems includes two tape decks is 40%.

2. a. For Ordinal are either quantitative or qualitative. But for rating scales it does not produce
qualitative data instead quantitative. The costumer responses provided data for six variables are
quantitative.

b. The measurement scale that is used is ordinal.

3. a. For the Malcolm Baldrige National Award they are qualitative.

b. There is 21.3 % of the application came from small business.

4. a.

a. Annual sales Quantitative Ratio

b. Soft drink size( small, medium, large) Qualitative Ordinal
c. Employee classification (GS1 through GS180 Qualitative Ordinal
d. Earnings per share Quantitative Ratio
e. Method of payment (cash, check, credit card Qualitative Nominal

5. a. The data are qualitative since it is talking about the earnings each year.

b. The data is time series since it is showing the yearly income of Volkswagen.

c. The variable of interest is the earning per year.

d. The estimate appears reasonable in away because there is a possibility that the earnings may

decrease in the next year but there could also be a possibility of increase because in the year
 2005 from 2004 it has increased based on the graph .

e. As I can see in the 2001 earning, Volkswagen has reconstructed, reengineered, invested and

created products that attracted the market, they planned and applied huge change in there

organization and at the same time they invested in a good marketing strategies to draw the

market’s attention.

f. The graph suggest that Volkswagen must have a continuous planning and implementation of

strategies in its product development and innovation, as well as in the implementation of

marketing plan they must not stop so that they will always catch the attention of the market.

Companies should not be reluctant, since we are in a hypercompetition era they should always

invest and create something that will help them stay in the eyes of the market.

6. a. The data are qualitative since it is talking about the number of new approved drug each year.

b. The data is time series since it focuses in single subject at multiple time intervals

c. There are 20 approved drugs in 2003.

d. The fewest new drugs approved is in the year 2002 with 15 new drugs.

e. Over the eight year period the number of drugs approved has decreased. In the year 2002 has
the list number and it rises a little in 2003 and comparing to the 1996 report who has the
most approved new drugs.