Distinguish between primary and secondary data.
Answer to relevant QuestionsWhat are the three basic ways in which data sets can be classified? Consider the data set in Table 2.6.2, which consists of observations on five production facilities (identified by their group ID). a. What is an elementary unit for this data set? b. What kind of data set is this: ...For each of the following data sets, say whether it is primary or secondary data. a. U.S. government data on recent economic activity, by state, being used by a company planning to expand. b. Production-cost data on recent ...Name six properties of a data set that are displayed by a histogram. Consider the compensation paid to chief executive officers of food processing firms, as shown in Table 3.9.7. a. Construct a histogram. b. Describe the distribution shape.
Post your question