EBK BUSINESS STATISTICS
EBK BUSINESS STATISTICS
7th Edition
ISBN: 9780134462783
Author: STEPHAN
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
bartleby

Videos

Textbook Question
Book Icon
Chapter 1, Problem 1.1LB

Four different beverages are sold at a fast-food restaurant: soft drinks, tea, coffee, and bottled water. Explain why the type of beverage sold is an example of a categorical variable.

Expert Solution & Answer
Check Mark
To determine

To explain:whether the beverages are an example of a categorical variable or not.

Answer to Problem 1.1LB

Hence, it is a categorical variable.

Explanation of Solution

Categorical variable: It refers to those variables which cannot be measured numerically or where arithmetic operation is not applicable that is nominal, ordinal etc.

Categorical variable is also known as qualitative variable.

Here. Beverages is qualitative variable since it shows the quality or some sort of attribute (that is, hot, cool etc) of the beverage moreover it cannot be measured numerically since it is the name of the beverages therefore it is an example of categorical variable.

Further, all beverages can be categorized as an ordinal variable.

Hence, all would be lies in the category of ordinal data since it can be ordered or rank according to taste and preference.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
2011 listing by carmax of the ages and prices of various corollas in a ceratin region
س 11/ أ . اذا كانت 1 + x) = 2 x 3 + 2 x 2 + x) هي متعددة حدود محسوبة باستخدام طريقة الفروقات المنتهية (finite differences) من جدول البيانات التالي للدالة (f(x . احسب قيمة . ( 2 درجة ) xi k=0 k=1 k=2 k=3 0 3 1 2 2 2 3 α
1. Differentiate between discrete and continuous random variables, providing examples for each type. 2. Consider a discrete random variable representing the number of patients visiting a clinic each day. The probabilities for the number of visits are as follows: 0 visits: P(0) = 0.2 1 visit: P(1) = 0.3 2 visits: P(2) = 0.5 Using this information, calculate the expected value (mean) of the number of patient visits per day. Show all your workings clearly. Rubric to follow Definition of Random variables ( clearly and accurately differentiate between discrete and continuous random variables with appropriate examples for each) Identification of discrete random variable (correctly identifies "number of patient visits" as a discrete random variable and explains reasoning clearly.) Calculation of probabilities (uses the probabilities correctly in the calculation, showing all steps clearly and logically) Expected value calculation (calculate the expected value (mean)…

Additional Math Textbook Solutions

Find more solutions based on key concepts
Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Text book image
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Text book image
College Algebra
Algebra
ISBN:9781337282291
Author:Ron Larson
Publisher:Cengage Learning
Text book image
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Text book image
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
what is Research Design, Research Design Types, and Research Design Methods; Author: Educational Hub;https://www.youtube.com/watch?v=LpmGSioXxdo;License: Standard YouTube License, CC-BY