Logged out
Access All our Essays in an Instant
Swap your work for FREE access, or pay £4.99 for instant access
Quantitative Techniques for Business
Member rating: No Rating | Words: | Submitted: Thu Aug 17 2006
Page Preview
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
Assignment 1 Quantitative Techniques for Business Michelle Grant HND Business and Finance Trevor Louth 1st March 2002 Assignment 1 Data according to HNC/HND Business core unit 5: Quantitative Techniques for Business (p52) "Data is simply a 'scientific' term for facts, 'figures, information and measurements". Data can be divided into two, discrete and continuous. Discrete variables can take a finite or countable number of values within a given range, whilst continuous variables may take any value as they are measured rather than counted. Information is data that has been transformed in some way. It could have been transformed by: summarising the data, tabulating the data, analysing the data and by data presentation. There are two main categories of data, they are primary and secondary. If the data is 'raw' it is still un-processed, basically it is still in the format that it was collected, e.g. a list of numbers. Primary data is used for the purpose it...
Get instant access
- Instant, unlimited access to our documents in full
- Swap your work for free access, or pay £4.99
- To see the full version of this document and 149,958 others
