10:27 Bb MQUESTION 2Consider a one-item survey as follows:Using a scale of 1 – 5 in which 1 = Not as well as Ihoped, 2 = Pretty well, 3 = Well, 4 = Very well,and 5 = Crushing it, please indicate how well youare doing so far in your MBA 503 course.1[] 2[]What type of data does this survey generate?Choose all that apply.3[] 4[] 5[ ]O ContinuousO RatioTime seriesO ExponentialO BinomialO IntervalO BiasedO IntersectionUnionO HypergeometricO OrdinalO None of the aboveQUESTION 3If you have a data set of n items, the data arecontinuous variables, the data set is unimodal,and the data set is too skewed to use the normaldistribution, which probability distributionshould you use to calculate probabilities?O Discrete uniform distributionBinomial distributionO Poisson distributionHypergeometric distributionO Geometric distributionO Uniform continuous distributionO Standard normal distributionO Exponential distributionO Triangular distributionO None of the aboveQUESTION 4 10:28 Bb Mv Question Completion StatusOscar Amaya-Canales 141QUESTION S10 points Sae AnswerConstruct a 90% confidence interval around asample standard deviation when n is 88 and s is3.85. Round your answers to 4 decimal places.O [11.7475, 19.3925]O (19.3925, 11.7475)O (3.4275, 4.4037)[4.4037, 3.4275]O There is not enough information to answer this questionO None of the aboveQUESTION 610 pointsSave AnswerP(R = .3315), P(T = .5442), and P(R|T) = .3315. Areevents R and T independent?O YesO NoO There is not enough information to answer this questionO None of the aboveQUESTION 710 points save AnswerThe number of items in the population is 25,000.The number of blue items in the population is315. The number of items in the sample is 500.The probability of observing more than 8 blueitems in the sample isto 4 decimal places.L Round your answer.1145O.8180.1820O 6.30O There is not enough information to answer this questionO None of the aboveQUESTION 89 points Save AnswerThe average number of phone calls to a callcenter on Thursday nights from 10:00 PM to11:00 PM is 6.3. The probability of less than 3calls being received by that call center on anygiven Thursday night from 10:00 PM to 11:00 PMisRound your answer to 4 decimal places..1264O.0765.0364.0498O There is not enough information to answer this questionO None of the aboveClick Save and Sudmit to save and submit. Click Save All Answers to save all answers.Save All AnswersSave and Submit

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Consider a one-item survey as follows: Using a scale of 1 – 5 in which 1 = Not as well as I hoped, 2 = Pretty well, 3 = Well, 4 = Very well, and 5 = Crushing it, please indicate how well you are doing so far in your MBA 503 course. 1[] 2[] 30 4[] 5[] What type of data does this survey generate? Choose all that apply. Continuous Ratio Time series Exponential Binomial Interval Biased Intersection Union Hypergeometric Ordinal None of the above O O O O

Consider a one-item survey as follows: Using a scale of 1 – 5 in which 1 = Not as well as I hoped, 2 = Pretty well, 3 = Well, 4 = Very well, and 5 = Crushing it, please indicate how well you are doing so far in your MBA 503 course. 1[] 2[] 30 4[] 5[] What type of data does this survey generate? Choose all that apply. Continuous Ratio Time series Exponential Binomial Interval Biased Intersection Union Hypergeometric Ordinal None of the above O O O O

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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