Indicate the types of variable (qualitative or quantitative), discrete or continuous and the level of measurement (nominal, ordinal, ratio, interval) for the following variables. to Type of cars (Honda, Toyota, Proton, ...etc) b) A company's annual sales te) Number of pages in a statistics textbook Consumer's preference on the type of mobile phone plan Questions A farmer wants to construct a rectangular pigpen using 1000ft of fencing. What dimensions should the pigpen be to maximize area and what is the maximum area? (h. The demand equation of a particular good is given where Pis the price in dollars and Q is the number of units. This good can be produced with a fixed cost of s5 and variable cost of 2 per unit Determine the cost function, Determine the total revenue function 1Determine the total profit function. How many units should be produced in order to maximize the profit What is the maximum profit? Question 6 The following table shows the price per share for the 30 company in the Bursa Malaysia, Trichar MS 3 22 to eas than 307 les than 40 Bo to less than 90 6 50 below than to less than 5 What is the class midpoint for the median class? What is the range of the price per share? km) What is the percentage of the price per share that less than RM50? 1 Using your calculator's statistical mode or statistical formula, estimate the mean, median and standard deviation of the price per share. Interpret the results. Compute the coefficient of skewness. Interpret your result Question 2 The diagram below shows the price indices of three types of fruit 03 1993-100190-100 135 150 Run 1130 010 Find the value of p, and The table below shows the index numbers and the weightages of three items. Calculate the composite index of all the items, ABC Indesh weight Question 3 Calculate price index using laspeyres formula. Take 1980 as base year. Camerettye w Rice Harley Suppose that the base is 2006, and further that the market basket contains only two items, wine and cheese, and the quantities consumed in 2006 and 2007 are 2006 2007 wheels wine cheese 50 bottles 45 100 wheels bottles 150 Suppose that the price of cheese increases from $1.00 per wheel of cheese in 2006 to $1.20 per wheel in 2007 and the price of wine increases from So.50 per bottle to $2,00 per bottle Calculate the rate of inflation for the Paasche Index Question 4 Indicate the types of variable qualitative or quantitative), discrete or