What is the difference between categorical and numerical (quantitative) data?

Draft a word response to each of the bulleted questions below. Each question must have its own response and have a minimum of 50 words.

1. The reading on Statistics for Business mentions patterns and how we can create models once we have identified a pattern. How would you define a pattern? How would you define a model?
2. What are some examples of patterns do businesses take advantage of?
3. What are some measurements of variation that we can apply to numerical data?
4. With a Statistics for Business thought process, answer the following questions in 200-300 words.

   a) What is the difference between categorical and numerical (quantitative) data?

1. b) Suppose you’re preparing a survey to collect customer satisfaction data. Three of the questions in the survey are:

2. Gender (male / female)

   2. How satisfied are you with our service?

   Very satisfied / Satisfied / Not satisfied

   3. What is your Age Group (<25 / 25 – 40 / 41 – 65 / 65+)

   4. What is your Zip Code?