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 9PS
One of the variables most often included in surveys is income. Sometimes the question is phrased “what is your income (in thousands of dollars)?� in other surveys the respondent is asked to “Select the circle corresponding to your income level� and is given a number of income
a. In the first format, explain why income might be considered either discrete or continuous.
b. Which of these two formats would you prefer to use if you were conducting a survey? Why?
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Chapter 1 Solutions
Basic Business Statistics, Student Value Edition (13th Edition)
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