Examine the variables of interest for the following situation and identify the type and level ofmeasurement of each variable.In applying for a credit card, the following information are being asked for from each applicanta. nationalityb. number of dependentsc. length(months) of stay in present addressd. residence type (renting, fully owned, company residence, etc)e. class of municipality where the residence is found (low, middle, high income)3bCdeVARIABLETYPELEVEL

We know, Two types of variables ( Quantitative & Qualitative) Four levels(nominal, ordinal,…

Answered: Examine the variables of interest for…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Classify each of the following as nominal, ordinal, interval, or ratio data (adapted from [Black 2012]). 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 that have been designated as excellent, good, satisfactory, and poor d. The telephone area code of clients in the US 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
1. Fill in the blanks for each of the statements below. а. A survey of 1000 U.S. adults found that 40% think the internet is the best way to get news and information. Population: Sample: Variable of Interest: Type of Data (Qualitative or Quantitative): Is the 40% a parameter or statistic, and why? b. A survey of the 55 law firms in a local city found that the average hourly billing rate is $425. Population: Sample: Variable of Interest: Type of Data (Qualitative or Quantitative): Is the $425 a parameter or statistic, and why?.
The monthly cost for health care for an employee and two dependents in a certain year is given in the following table. Provider Cost Provider Cost Maxicare $415.31 Kaiser $4337 Cigna $424.74 Aetna $436.26 Health Net $427.29 Blue Shield $442.25 Pacific Care $428.06 Omni Healthcare $457.90 Redwoods Plan $431.53 Lifeguard $457.64 Draw a box plot for the monthly costs of health care (ranked from lowest to highest). 0415 420 425 430 435 440 0425 430 435 440 445 450 455 420 430 440 450 420 430 440 450
The personnel files of all eight employees at the Pawnee location of Acme Carpet Cleaners Inc. revealed that during the last 6-month period they lost the following number of days due to illness: 5 5 4 4 1 2 All eight employees during the same period at the Chickpee location of Acme Carpets revealed they lost the following number of days due to illness: Range Mean 2 1 0 10 2 2 3 0 0 6 Click here for the Excel Data File Required: a. Calculate the range and mean for the Pawnee location and the Chickpee location. (Round the "Mean" to 2 decimal places.) Pawnee location O Chickpee location O Pawnee location Chickpee location b-1. Based on the data which location has fewer lost days?

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