Table 2.6.4 is an excerpt from a salespersons database of customers. a. What is an elementary unit
Question:
a. What is an elementary unit for this data set?
b. What kind of data set is this: univariate, bivariate, or multivariate?
c. Which of these variables are quantitative? Which are qualitative?
d. Which of these variables are nominal? Which are ordinal?
e. Are these time-series or cross-sectional data?
Transcribed Image Text:
TABLE 2.6.4 Selected Customers and Purchases Level of Interest Last Year's Total in New Products Weak Moderate Very strong Weak Weak Very strong Moderate Weak Purchases $88,906 396,808 438,442 2,486 37,375 2,314 1,244,096 857,248 119,650 711,514 22,616 Geographical Region West South South Midwest West Northeast Midwest South Northeast West West ron Mode ra te Weak
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
a Customers are the elementary units b Multivaria...View the full answer
Answered By
Nandana Wijayarathna
I am a highly experienced writer in several areas,
Business management
Information technology
Business administration
Literature
Biology
Environmental science
History
4.50+
161+ Reviews
399+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Table 2.6.3 consists of sales and income, both in hundred thousands of dollars, for a six-month period. a. What is an elementary unit for this data set? b. What kind of data set is this: univariate,...
-
Consider the information about selected cell phones shown in Table 2.6.5. a. What is an elementary unit for this data set? b. Is this a univariate, bivariate, or multivariate data set? c. Is this a...
-
Lets continue to look at the DJIA discussed in problem 26. Table 2.6.8 shows 23 daily observations of the value of the DJIA, with 22 observations of the net change from one observation to the next,...
-
Cost-Volume-Profit (CVP) analysis can be used to determine the effect of changes in costs and volumes on a company's net profits. This project assignment assumes that you are newly hired as an...
-
An average of 1.4 private airplanes arrives per hour at an airport. a. Find the probability that during a given hour no private airplane will arrive at this airport. b. Let x denote the number of...
-
Following balance sheet of July Ltd as on 31 st December 2001. Balance Sheet as on 31.12.2001 Liabilities Rs. Assets Rs. Current Liabilities: Current Assets Creditors 6500 Cash 7000 Bills Payable...
-
Let a random sample of 5 observations from a normal (, 2 ) distribution (where it is known that the mean = 25) be (a) What is the equation for the shape of the likelihood function of the variance ...
-
William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D= 19,500 units/year Ordering cost S= $25/order Holding cost H= $4/unit/year A)...
-
a) Explain the following terms as used in real estate appraisals i. Value in use ii. iii. Liquidation value Insurable value b) Describe the cost approach of real estate valuation c) Explain the...
-
Why is a statement of financial position prepared as at a specific point in time, while the other financial statements cover a period of time?
-
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...
-
Consider the information recorded in Table 2.6.6 for a selection of household upright vacuum cleaners. a. What is an elementary unit for this data set? b. What kind of a data set is this: univariate,...
-
San Rafael College's transactions include the following: 1. An alumna donates cash for the purchase of accounting research software. 2. An alumna donates cash, stipulating that income generated by...
-
Should the targeted employee's response be relevant at all? Should an employer be responsible for monitoring the working environment to a reasonable level, and responding reasonably, if it finds out...
-
Based on the Learning Activities for LP02, describe the information you found when searching the Internet for "human resource policies and procedures" and the other websites. How will this research...
-
Based on the approaches made by R. Luxemburg, explain what are the characteristics of crises of under consumption? Explain why from the perspective of the Marxist theory of crises, in capitalism GDP...
-
Below is a list of responsibilities from the FDA that regulatory authorities can hold a food service manager accountable for: Food is not prepared in a private home or in a room where people are...
-
Describe the difference between supply and quantity supplied. Why do economists state, "The market will always find the equilibrium?"
-
The rate at which the temperature of an object changes is proportional to the difference between its own temperature and the temperature of the surrounding medium. Express this rate as a function of...
-
-x/2 x/4 If A = -x/2 and A-1 =6 then x equals
-
Consider CREF, the College Retirement Equities Fund, which manages retirement accounts for employees of nonprofit educational and research organizations. CREF manages a large and diversified...
-
Consider the compensation paid to CEOs of computer programming, data processing, and other related services firms, as shown in Table 3.8.7. a. Construct a histogram. b. Describe the distribution...
-
There are many different and varied formats and strategies for radio stations, but one thing they all have in common is the need for an audience in order to attract advertisers. Table 3.8.8 shows the...
-
Hi, could someone please help me with this. I need the letter to be nearly two hundred words. This is the assignment below: You are an architect who is working for Dream Homes Company in Toronto....
-
Discussion Board Post - Read the speech example from the textbook below. Then answer the questions in blood at the bottom. "As a veterinarian and owner of a small-animal practice, you work closely...
-
The Essentials of Technical Communication (Tebeaux & Dragga), Oxford U. Press, Third Edition - I. Please explain how a proposal is an argumentative or persuasive piece of writing -- and the four key...
Study smarter with the SolutionInn App