As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the Wall Street Journal. As part of the project, students were asked to summarize the current prices (also referred to as the closing price of the stock for a particular trading date) of the collected stocks using graphical and numerical techniques. What type of variable is being collected?
A) quantitative data
B) qualitative data

Question

Quizplus · Accepted Answer

The current prices of stocks are numerical values that can be measured and expressed in numbers, making them quantitative data.

As Part of an Economics Class Project, Students Were Asked