Here are the essential concepts you must grasp in order to answer the question correctly.
Qualitative vs. Quantitative Data
Qualitative data refers to non-numerical information that describes characteristics or qualities, such as names or categories. In contrast, quantitative data consists of numerical values that can be measured and analyzed statistically. In the context of the question, the performances of Broadway shows are numerical, indicating that the data is quantitative.
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Levels of Measurement
Levels of measurement categorize data based on the nature of the information they represent. There are four levels: nominal, ordinal, interval, and ratio. The data in the question, which consists of counts of performances, is at the ratio level because it has a true zero point (no performances) and allows for meaningful comparisons and calculations.
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Descriptive Statistics
Descriptive statistics summarize and describe the main features of a data set, providing simple summaries about the sample and measures. This includes measures such as mean, median, mode, and range. Understanding descriptive statistics is essential for interpreting the performance data of Broadway shows, as it helps to convey the overall trends and patterns within the data.
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