Answered: Part 2 (a) 50 components are measured…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Part 2
(a) 50 components are measured in centimetres to an accuracy of + 0.005 cm
and the results recorded in the table below

50.02	49.87	50.30	50.08	50.23	50.04	49.92	50.31	50.16	50.01
49.95	50.00	49.84	49.93	49.85	50.13	49.98	49.65	49.87	50.20
50.07	50.18	49.94	50.09	50.05	49.73	49.81	49.91	50.20	50.14
50.05	50.06	50.17	50.22	50.14	50.03	50.23	49.95	50.09	50.00
49.77	50.25	49.96	50.02	50.32	49.83	49.90	50.07	49.86	50.11

Is this data quantitative or qualitative data? Illustrate the data with an appropriate
graphical representation.
(b) The following table shows a company’s inventory stock level for different types
of screws they that manufacture.

Type	Boxes (100s)
security one-way	36
carriage bolt	54
square (Robertson in flat head)	22
hex washer head	68
slotted pan head	81
dual (Phillips slotted) round head	103
Phillips flat head	77
Phillips oval head	144

Is this data quantitative or qualitative data? Illustrate the data with an appropriate
graphical representation.

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