Question 1 34 pts
Identify the type of data that would be used to describe a response for the question, "What is your
favorite movie?"
O quantitative discrete
O quantitative continuous
O qualitative
Question 2
33 pts

C) Qualitative

The response isn't a numeric value, but rather a name instead. So that's why we have qualitative data here. Specifically, it is nomimal as it deals with names or labels. The data is not ordinal as we cannot sort the labels.

soo this can be solve by using the formula:

f = p( 1 + i)^ n

where f is the future profit

p is the initial profit

i is the percent increase

n is the number of years

a . f = 30000 ( 1.05)^n

b. f = 30000 ( 1.05)^15

f = $62,368