Basic Business Statistics, Student Value Edition (13th Edition)
Basic Business Statistics, Student Value Edition (13th Edition)
13th Edition
ISBN: 9780321946393
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Chapter 1, Problem 1PS

Four different beverages are sold at a fast-food restaurant: soft drinks, tea, coffee, and bottled water.

a. Explain why the type of beverage sold is an example of a categorical variable.

b. Explain why the type of beverage is an example of a nominal- scaled variable.

a.

Expert Solution
Check Mark
To determine

Explain the reason for considering the type of beverage sold to be a categorical variable.

Explanation of Solution

According to the provided information, a particular fast-food restaurant sells four different types of beverages, which are soft drinks, tea, coffee and bottled water.

Categorical variables are ones that describe the qualities of the object of interest. Here, the type of beverages sold is categorized into 4 categories that describe the quality and type of beverage. So, the variable is a categorical variable.

b.

Expert Solution
Check Mark
To determine

Explain why the type of beverages is a nominal scaled variable.

Explanation of Solution

Nominal scale of measurement is used for labelling a categorical variable, which is, more specifically, one that is not of a numerical nature and does not involve any order or ranking.

Here, the type of beverages is a categorical variable, where each type of beverage represents a different category that cannot be ordered in a specific order. Therefore, the variable is an example of a nominal-scaled variable.

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Chapter 1 Solutions

Basic Business Statistics, Student Value Edition (13th Edition)

Ch. 1 - The director of market research at a large...Ch. 1 - Visit the website of the Pew Research organization...Ch. 1 - Transportation engineers and planners want to...Ch. 1 - Visit the home page of the Statistics Portal...Ch. 1 - For a population containing N=902 individual, what...Ch. 1 - For a population of N=902, verify that by starting...Ch. 1 - Given a population of N=93, starting in row 29,...Ch. 1 - For a study that consists of personal interviews...Ch. 1 - You want to select a random sample of n=1 from a...Ch. 1 - A population has four members (called A, B, C, and...Ch. 1 - The registrar of a university with a population of...Ch. 1 - Prenumbered sales invoices are kept in a sales...Ch. 1 - Prob. 25PSCh. 1 - A Survey indicates that the vast majority of...Ch. 1 - A simple random sample of n=300 full–time...Ch. 1 - The results of a 2013 Adobe system study on retail...Ch. 1 - Prob. 29PSCh. 1 - Prob. 30PSCh. 1 - What is the difference between a sample and a...Ch. 1 - What is the difference between a statistic and...Ch. 1 - What is the difference between a categorical...Ch. 1 - What is the difference between a discrete...Ch. 1 - What is the difference between a nominal scaled...Ch. 1 - What is difference between an interval scaled...Ch. 1 - What is the difference between probability...Ch. 1 - Visit the official website for either Excel...Ch. 1 - Prob. 39PSCh. 1 - The Gallup organization releases the results of...Ch. 1 - Prob. 41PSCh. 1 - Prob. 43PSCh. 1 - Three professors examined awareness of four widely...Ch. 1 - A manufacturer of cat food is planning to survey...
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