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 Rat...View the full answer
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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 nominal, ordinal, interval or ratio data. 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....
-
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...
-
Assume that investment spending depends only on the interest rate and no longer depends on output. Given this information, a decrease in money supply: a. will cause investment to increase. b. may...
-
Show that (p q) (q r) (p r) is a tautology.
-
Study a game or gamified system that includes badges or rewards. How do you think the collections of these create a bigger meaning for individuals playing or using the system?
-
Why may capital inflows damage the international competitiveness of a country's businesses?
-
Franklin purchases 40 percent of Johnson Company on January 1 for $500,000. Although Franklin did not use it, this acquisition gave Franklin the ability to apply significant influence to Johnsons...
-
Please may I have the solution to this question? especially for part j which hints that I should use and integrate an equation for biomass production rate which truthfully, I am not sure how to...
-
What two major themes will be emphasized in succeeding chapters?
-
Suppose you are an operations manager for a plant that manufactures batteries. Give an example of how you could use descriptive statistics to make better managerial decisions. Give an example of how...
-
Classify each of the following as nominal, ordinal, interval, or ratio data. a. The ranking of a company by Fortune 500 b. The number of tickets sold at a movie theater on any given night c. The...
-
Determine the force in each member of the truss, and state if the members are in tension or compression. Set P = 2500lb. 1200 Ib 1200 ib ID 4 ft 30 30
-
A good management practice is to set objectives before safety reviews are conducted. The objectives should include the timing for completing the objectives. Develop objectives for a safety review for...
-
Was the price of almonds expected to rise or fall? Did a change in the supply of or demand for almonds bring about this expected change in the price? Almonds galore! The quantity of almonds harvested...
-
Rare Late Bumper British Crop to Last Until Halloween The strawberry season in Britain usually lasts until September, but a mini heat wave and an unseasonably warm autumn have created enough supply...
-
Show on a graph the change in consumer surplus, producer surplus, total surplus, and the deadweight loss in the markets for coal, gasoline, and diesel. Chinese power plants have run short of coal, an...
-
FireOut, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home model is a high-volume...
-
Calculate the total return, standard deviation of returns, CV, Sharpe ratio, and M 2 for OARMX. Compare the answers for OARMX to those found in the chapter for FMAGX and the market benchmark index...
-
What are three disadvantages of using the direct write-off method?
-
A surge in health insurance premiums imposes an additional burden on a business. A random sample of 10 employees indicates that the average cost increase per employee is about $2,345 with a standard...
-
According to Nielsen Media Research, approximately 86% of all U.S. households have High-definition television (HDTV). In addition, 49% of all U.S. households own Digital Video Recorders (DVR)....
-
International Housewares Association (IHA) reported that 73% of all U.S. households have ceiling fans. In addition, 77% of all U.S. households have an outdoor grill. Suppose 60% of all U.S....
-
Use the Consumer Food database. What proportion of the database households are in the Metro area? Use this as the value of p in a binomial distribution. If you were to randomly select 12 of these...
-
3. Draw the logic diagram of the SOP minimized circuit 4. Use De Morgan's theorems to express the simplest SOP in terms of NAND operators. 5. Use the Karnaugh map method to find the simplest...
-
1. Consider the modification of the master-slave latch pair given in Fig. 1. a) Under a regularly changing clock CK, specify the sequence y1, 92, 93, 94 of output signals appearing at Q at the end of...
-
3.99 Write ARM assembly code to implement the following C statements, assuming all variables are 32-bit integers and a declaration of x[10], y[10]: for i=0; i < 10; i++) x[i] = 10 -1; v[9 - i] = 1;
Study smarter with the SolutionInn App