Classify each of the following as nominal, ordinal, interval or ratio data. a. The time required to
Question:
a. The time required to produce each tire on an assembly line
b. The number of quarts of milk a family drinks in a month
c. The ranking of four machines in your plant after they have been designated as excellent, good, satisfactory, and poor
d. The telephone area code of clients in the United States
e. The age of each of your employees
f. The dollar sales at the local pizza shop each month
g. An employee’s identification number
h. The response time of an emergency unit
Step by Step Answer:
a Ratio b Ratio ...View the full answer
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Related Video
The area of a circle is given by the formula: A = ?r^2 Where A is the area, ? is a mathematical constant (approximately 3.14), and r is the radius of the circle. The radius is the distance from the center of the circle to the edge. So for example, if the radius of a circle is 5 units, the area would be: A = ?(5^2) = ?(25) = 78.5 square units Here three friends went out to a restaurant and decided to have pizza for lunch. While they were waiting for their order, one of them stepped out to take a call but promised to return in two minutes. The waiter came and presented them with the menu, and they decided to order two 10-inch pepperoni pizzas. The waiter took their order and left. Just then, the third friend returned and asked what they had ordered. They explained that they had ordered two small pepperoni pizzas as they were only three of them and it would be enough for them. However, the third friend suggested that for the same price, they could get a large pizza that would be much bigger than the two small ones. He asked the waiter for a pen and paper and proceeded to calculate the area of the two small pizzas and compared it to the area of one large pizza. The friends were amazed at how the circle measurements worked and decided to change their order from two small pizzas to one large pizza.
Students also viewed these Statistics questions
-
Classify each of the following as a (CA) current asset, (NA) noncurrent asset, (CL) current liability, (NL) noncurrent liability, or (E) equity account. Choose the best or most frequently used...
-
Classify each of the following as a sunk cost, an opportunity cost, or neither. a. The firm has spent $1 million thus far to develop the next-generation robotic arm; it is now examining whether the...
-
Classify each of the following as a PF (polynomial function), RF (rational function but not a polynomial function), or neither. (a) f(x) = 3x1/2 + 1 (b) f(x) = 3 (c) f(x) = 3x2 + 2x-1 (d) f(x) = x3 -...
-
1. If an industry is formed by six companies. Four companies have sales of $ 10 each, and two companies have sales of $ 5 each. a. What is the concentration ratio of four companies for this industry?...
-
Discuss how emotions can be used in developing marketing strategies?
-
Sodium borodeuteride (NaBD4) and lithium aluminum deuteride (LiAlD4) are convenient reagents for introducing deuterium, the mass 2 isotope of hydrogen, into organic compounds. Write the structure of...
-
What is likely to be the impact of rising levels of intra-regional trade for the world economy?
-
Can-Ed University, which is owned by a group of Canadian universities and colleges, issued bonds to finance the construction of an overseas campus in China. Can-Ed issued 6% 20-year bonds with a face...
-
osts that are forever lost once they have been paid are costs.
-
So the project involves more than simply performing maintenance work on the current programs, Chip says. Are we using a formal methodology for analyzing and designing the new system? Yes, replies...
-
Suppose you are the owner of a medium-sized restaurant in a small city. What are some variables associated with different aspects of the business that might be helpful to you in making business...
-
Classify each of the following as nominal, ordinal, interval or ratio data. a. The ranking of a company in the Fortune 500 b. The number of tickets sold at a movie theater on any given night c. The...
-
What is an asset impairment? How is it accounted for?
-
1. At the Dentist patient chair water flows through a 2 cm diameter drain pipe with a speed of 2 m/s then through 1.5 cm diameter pipe. What is the water speed after the 2nd pipe?
-
Discuss the ways in which agricultural output can be increased. What were the most common routes to growth of output in the past? What is the most applicable route in the present?
-
2. The contact angle for water on clean glass is close to zero. Given that water climbs to a height of 2.28cm in a clean glass capillary tube with internal radius 0.32 mm at 30C. Calculate the...
-
In June 2017 the Federal Reserve announced an increase in the target Fed Funds rate.The stock market responded positively to this announcement.Explain these results using the supply and demand of...
-
Below is an alphabetical list of Terrier Company's December 31, 2022 balance sheet accounts and amounts. Prepare a properly formatted, classified balance sheet for Terrier Company. You may prepare...
-
Assume that the number of bacteria R(t) (in millions) present in a certain culture at time t (in hours) is given by a. At what time before 8 hours will the population be maximized? b. Find the...
-
For liquid water the isothermal compressibility is given by; where r and b are functions of temperature only. If 1 kg of water is compressed isothermally and reversibly from I to 500 bar at 60(C. how...
-
According to T-100 Domestic Market, the top seven airlines in the United States by domestic boardings in a recent year were Southwest Airlines with 81.1 million, Delta Airlines with 79.4 million,...
-
The following list shows the top six pharmaceutical companies in the United States and their sales figures ($ millions) for a recent year. Use this information to construct a pie chart and a bar...
-
An airline company uses a central telephone bank and a semi automated telephone process to take reservations. It has been receiving an unusually high number of customer complaints about its...
-
If f(x)=x^(3)+11x^(2)+20x-32 and f(1)=0, then find all of the zeros of f(x) algebraically.
-
The polynomial 8x^(2)-8x+2-5+x is simplified to 8x^(2)-gx-h. What are the value of g and h ?
-
If t=-5 is one of the zeros of the polynomial p(t)=kt^(2)+19t-5, find the value of k.
Study smarter with the SolutionInn App