What type of data is the projected return on an investment? Qualitative , continous, attribute,discrete or none of the above
qualitative
The projected return on an investment is typically considered a quantitative data type since it involves numerical values or measurements. Therefore, it is not classified as qualitative, attribute, discrete, or none of the above.
The projected return on an investment is a type of data that can be categorized as quantitative rather than qualitative. Quantitative data refers to information that can be measured and expressed numerically, such as numbers, percentages, or currency amounts. In the case of projected return on an investment, it typically represents a percentage or a monetary value that can be quantified.
To determine that the projected return on an investment is quantitative, you can consider the nature of the data itself. If the projected return is expressed as a specific percentage or a definite monetary value, it is a clear indication of quantitative data. On the other hand, qualitative data is descriptive in nature, focusing on non-numerical characteristics or attributes.
Therefore, the projected return on an investment does not fall into the categories of continuous, attribute, or discrete data. Continuous data refers to measurements that can take any value within a range (e.g., height, weight), whereas attribute data refers to characteristics that can be categorized into various attributes or levels (e.g., color, type). Discrete data, meanwhile, consists of distinct and separate values or categories (e.g., number of cars, number of children). Since the projected return on an investment is a quantitative measurement, it is not considered qualitative data either.
In summary, the projected return on an investment is best described as quantitative data.