Unit 1 – Individual Project

List at least 3 qualitative attributes of outdoor sporting goods about which they might want to ask consumers. Make sure at least 1 of them is nominal.

 

For each attribute that is ordinal, assign names for the endpoints of a 5 point rating scale.

 

Explain the difference between nominal and ordinal data.

 

Explain how nominal and ordinal data relate to a rating scale.

 

List at least 2 quantitative attributes of outdoor sporting goods that market researchers might want to measure.

 

Explain the difference between interval and ratio data.

 

Include in your presentation the difference between a population and a sample. Do not forget about the target market.