Answered: For the following variable, consider…

For the following variable, consider how it is measured and identify the level ("scale ratio/interval). Income, responses are total yearly salary in dollars ($) Nominal Ordinal Ratio/Interval

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...

See similar textbooks

Related questions

Q: For each of the variables described below, indicate whether it is a quantitative or a categorical…

A: a) The variable is temperature (in degree Celsius).

Q: Why is it ideal that you report underlying frequencies when you are reporting percentages?

A: A frequency is the number of participants or cases; its symbol is the weird F. The symbol of the…

Q: we have measured the variable "feelings towards same-sex marriage" with results of strongly support,…

A: We have given that Measurement of variable feelings towards same-sex marriage" .

Q: for the model y = Bo + B1a1 + B2x2 +E, where • 21 = television advertising ($1000s) 22 = newspaper…

A: The owner of movie theatre . Inc. would like to predict weekly gross revenue as a function of…

Q: Using the computer output, what is the value of the coefficient of determination? O 0.46 O0.68 O…

A: It is given that the value of s is 3860.7.

Q: Interest has been described as a rental fee for money. Explain why this is an appropriate…

Q: For statistics: example of a continuous scale

A: The objective of the question is to provide an example of a continuous scale in statistics. A…

Q: For each of the following variables, identify the level of measurement (nominal, ordinal, interval,…

A: Nominal: The level of measurement is nominal when the observations are defined in terms of…

Q: How do rates help you describe real-life problems

A: First understand definition of rate * Rate is used for the comparison of two measurements of…

Q: I took my dog comet to the vet last week, and as part of his checkup they weigh him on a scale that…

A: To find the absolute error and relative error

Q: The Consumer Price Index provides a means of determining the purchasing power of the U.S. dollar…

A: We have been given that in 1986 the Consumer Price Index was 109.6 and in 2010 it was 218.1. Cost…

Q: How to convert percentage to ratio?

A: In this question we have to explain how to convert the percentage in fraction form.

Q: If the average time for a fifth grader to run a mile is 8.50 minutes (s = 1.25), what percentage of…

Q: For each of the variables described below, indicate whether it is a quantitative or a categorical…

A: (a) Duration (in minutes) of a call to a customer support line is quantitative type of variable…

Q: Define relative efficiency?

Q: City populations often increase from one year to the next, but not always. The population of…

A: Absolute change = | Final value - Initial value| Relative change = Final value - Initial value…

Q: Scott Confectionery sells its Stack-o-Choc candy bar for $0.8. The variable cost per unit for the…

A: Detailed explanation mentioned below

Q: Rachael has plotted 10 points on a scatter plot to investigate the relationship between two…

A: From the given information. there are 10 points on a scatter plot to investigate the relationship…

Q: Can you tell me what the explained variation percentage is?

A: The coefficient of determination is 0.8968.

Q: For each of the variables described below, indicate whether it is a quantitative or a categorical…

A: There are four levels of measurement: Nominal Ordinal Interval Ratio

Q: percent error like a percent change?

A: Given: Percentage error and percentage error. To find: How is a percent error like a percent change?

Q: From the data given below compute quantity index for 1983 Price in 1982 (Rs.) 10 20 30 30 Commodity…

Q: The percentage of fifth-graders who scored at or above the national average on the reading test rose…

A: Given that the percentage of fifth-graders who scored at or above the national average on the…

Q: calculate all appriate measures of variation for the interval data in data set a. show all work and…

A: By using R-software: > x=c(5,6,10,2,5,15,13,4);x[1] 5 6 10 2 5 15 13 4> n=length(x);n[1]…

Q: Are the digits of your R-number a quantitative or qualitative variable?

A: Quantitative variables : Variables consist numbers known as Quantitative. Example : Height, age,…

Q: The five-year survival rate for Caucasians for all forms of cancer increased from 39% in the 1960s…

A: The five-year survival rate for Caucasians for all forms of cancer increased from 39% in the 1960s…

Q: The U.S. Weather Bureau has a station on Mauna Loa in Hawaii that has measured carbon dioxide levels…

Q: School- related Work- Personal Social Family Care Other Total related Care Activities Activities…

Q: What’s the difference and how to use nominal, ratio, ordinal, and interval

A: We need to enumerate the difference between nominal,ratio,ordinal and interval.

Concept explainers

Average

In mathematics, everyone must have heard the term average in one place or other. Almost all types of calculation require taking out an average. In everyday life, the term is used for denoting a certain amount that can be said to be a typical quantity for multiple people or objects. In other words, if a group of people possesses a certain object, then the average gives us an idea regarding the quantity of the object possessed by each person. However, this is solely based on mathematical calculation. It is important to note that most people will not strictly have the average value in a group.

Question

For the following variable, consider how it is measured and identify the level ("scale"
ratio/interval).
Income, responses are total yearly salary in dollars ($)
Nominal
Ordinal
Ratio/Interval

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Types of Data and Their Measurement$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.

Similar questions

Here are two sets of bivariate data with the same response variable. The first contains the variables x & y. The second contains the variables w & y | y w y 25.3 43.9 68.8 36.7 43.8 56.7 57 55 49.2 61.3 27.9 52 57.4 69.3 48 | 50.5 33.7 47.3 58.3 49.2 46.3 56 46.6 34.4 67.1 75.8 35.1 48.3 25.7 43.4 19 76.8 47.2 57.9 7.3 56.8 37.5 57.4 32.9 56.2 44.8 60.4 43.8 49 29.7 38.5 26.4 | 60.9 42.8 53.6 55.6 49.4 60.3 69.7 53.9 55 53.2 67.1 47.8 42.7 57.4 66.3 25 54.8 45.5 57.6 13.9 65 42 51.6 69.5 43.6 38.9 54.8 79.5 29
Rodney wants to test the relationship between college graduation rank and annual income. If income is measured on a ratio scale, the appropriate relationship test for Rodney to use is the: a. Spearman r b. Pearson r c. independent-samples t test d. chi square test of independence
The following chart shows the percentage of the U.S. discretionary budget allocated to education from 2003 to 2009 (t = 3 represents the start of 2003). A bar graph titled "Percentage of U.S. budget on education" has a horizontal t-axis labeled "Year since 2000" and a vertical axis labeled "Percentage". The bar graph has 7 bars. Each bar is associated with a label and an approximate value as listed below. 3: 6.8% 4: 7% 5: 7% 6: 6.9% 7: 6.5% 8: 6.3% 9: 6.2% The following table shows the percentage of the U.S. discretionary budget allocated to education in 2003, 2005, and 2009 (t = 3 represents the start of 2003). Year t 3 5 9 Percentage 6.8 7 6.2 Find a quadratic model for these three years. (Round your coefficients to two decimal places.) p(t) = Use your model to estimate the percentage of the U.S. discretionary budget allocated to education in 2007. (Round your answer to two decimal places.)
Explain the three properties of interval estimates.
at 2 presented based on the Health Information National Trends Survey (HINTS) LALYSIS
Suppose you are told your BMI is 32, the 70th percentile for your age and sex. Please interpret this percentile age: 28 Female
For each of the variables described below, indicate whether it is a quantitative or a categorical (qualitative) variable. Also, indicate the level of measurement for the variable: nominal, ordinal, interval, or ratio. Make sure your responses are the most specific possible. Variable Type of variable Level of measurement (a)Temperature (in degrees Fahrenheit) Quantitative Categorical Nominal Ordinal Interval Ratio (b)Exchange on which a stock is traded (NYSE, AMEX, or other) Quantitative Categorical Nominal Ordinal Interval Ratio (c)Letter grade (A, B, C, D, or F) Quantitative Categorical Nominal Ordinal Interval Ratio