The following information regarding the ten richest Americans was reported in a recent issue of Forbes. ​ Name Ranking Worth ($Billions) Age Marital Status Source Gates, William 1 59.0 51 married Microsoft Buffett, Warren 2 52.0 77 married Berkshire Hathaway Adelson, Sheldon 3 28.0 74 married casinos, hotels Ellison, L. J. 4 26.0 63 married Oracle Brin, Sergey 5 18.5 34 married Google Page, Larry 5 18.5 34 single Google Kerkorian, Kirk 7 18.0 90 divorced investments, casinos Dell, Michael 8 17.2 42 married Dell Koch, Charles 9 17.0 71 married oil, commodities Koch, David 9 17.0 67 married oil, commodities ​ a. How many elements are in the above data set? b. How many variables are in this data set? c. How many observations are in this data set? d. Which variables are categorical and which are quantitative? e. What measurement scale is used for each variable?

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The following information regarding the ten richest Americans was reported in a recent issue of Forbes.

Name

Ranking

Worth
($Billions)

Age

Marital Status

Source

Gates, William

1

59.0

51

married

Microsoft

Buffett, Warren

2

52.0

77

married

Berkshire Hathaway

Adelson, Sheldon

3

28.0

74

married

casinos, hotels

Ellison, L. J.

4

26.0

63

married

Oracle

Brin, Sergey

5

18.5

34

married

Google

Page, Larry

5

18.5

34

single

Google

Kerkorian, Kirk

7

18.0

90

divorced

investments, casinos

Dell, Michael

8

17.2

42

married

Dell

Koch, Charles

9

17.0

71

married

oil, commodities

Koch, David

9

17.0

67

married

oil, commodities

a.

How many elements are in the above data set?

b.

How many variables are in this data set?

c.

How many observations are in this data set?

d.

Which variables are categorical and which are quantitative?

e.

What measurement scale is used for each variable?

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