How would you differentiate a discrete from a continuous random variable

Choose the best ANSWER 1-  What is the best need/benefit-oriented approach to defining a car?   Descriptions of a car's engine size and features   Outlining the warranty that comes with the car    Describing how it provides more efficient and reliable transportation    Showing the beautiful color and styling  2- What is the best way for TWU to define their "market" in a marketing sense?   the location of their buildings    current and potential students    the faculty and staff delivering the product    the mix of programs they offer  3-   Which of the following is not recommended for a marketing plan?   Communicate the plan to appropriate managers.    Once you have a good plan in place, do not change it for at least a year.    Marketing plans should be creative.    Use common sense.  4- Which of the following is not a current trend (described in book/class)?   Increasing consumer demands    Decreasing price sensitivity among consumers    Overall decrease in brand loyalty    Increasing…

Consider the illustration below. a/Briefly design a short section of a survey questionnaire , with only three questions, to identify the most important attributes when customers are choosing a coffee shop and how they would rank the importance of the attributes.  b/ explain how you would analyse and interpret the data for the three questions designed.

Please confirm if my answer to question 7 is correct and please answer question 8. Thanks ??

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A local manufacturing firm which produces engineer to order and assemble to order high value products for the pharmaceutical industry has recently been requested by its owner to provide a proposal on the benefits of a predictive performance model and methodology from a workshop that you have recently completed. You are requested to produce the following report: 1. Review the current state of the practice of performance reporting within firms. 2. Suggest a suite of appropriate key performance measures. 3. Explain the benefits of an Ex-Ante or Predictive Performance approach to enterprise performance management. 4. Recommend a methodology on how this type of Enterprise Performance Model might be deployed within actual firms. It is recommended that you use appropriate examples from the literature or your prior industrial experience to support any recommendations that you provide.

In the sampling, hypothesis testing and analysis of business research data, which of the following is true?   Group of answer choices 1. We make inferences about the population parameters based on sample statistics 2. The sample should be representative of the population 3. A larger sample size is always better 4. Answers1 and 2 only 5. Answers 1, 2 and 3

Selection and employment of the correct estimation method is: Multiple Choice O O O Easy once the data is gathered. Relatively easy because only two effective methods exist. Dependent on the accuracy/cost tradeoff for the estimation objectives. Primarily subjective in nature. Difficult because so many effective methods are available.

Hi , I already know the meaning of descriptive , predictive and prescriptive. However , I have not read the whole case and I have no idea what are the approach the researchers have taken for these 3

Indicate whether the data are time series or cross-sectional. Number of cars sold by each salesperson in a dealership in October Choose the correct answer below. About A. The data are cross-sectional because the data are measured over time. B. The data are cross-sectional because the data are taken from situations that vary over time but are measured at a single time instant. OC. The data are time series because the data are taken from situations that vary over time but are measured at a single time instant. D. The data are time series because the data are measured over time. Click to select your answer. Question Help

Suppose you are the director of human resources and responsible for planning your company's holiday party You decide to create a survey to gather some information that you think will be helpful in making the party a big success. Write one question for each of the following data types that you think would be helpful in planning the party.  Quantitative continuous question: Quantitative discrete question:Qualitative binary question:Qualitative nominal question:Qualitative ordinal question:

Make a scatter plot of the data and determine which type of model best fits the data.     linear     quadratic     exponential     square root

What makes a survey question bad or invalid?  Develop three examples of bad or invalid questions.  Rewrite your examples so they could be judged as good valid questions.  Discuss the value of a good questionnaire design.

A technique for the study of interrelationships among variables, usually for the purposes of data reduction and the discovery of underlying constructs or latent dimensions is known as:   a. Factor Analysis   b. Structural Model Analysis   c. Multiple linear regression   d. Reliability Analysis

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Under what circumstances would the Mood's Median non-parametric test be applied in business research?   Group of answer choices a. The data are not normally distributed b. Outliers in the data exist c. Multiple medians are to be compared d. Answers 1 and 2 only e. Answers 1, 2 and 3

Which business research approach analyzes continuous data when the data are non-normal?   Group of answer choices a. Binary Logistic Regression b. Non-parametric Tests c. ANOVA d. Regression e. Chi-square Contingency Tables

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1.) Design a questionnaire for consumer preference survey regarding the problem. Please keep in mind all aspects of the product, company, data analysis, etc. while designing the questionnaire. 2.) Pursuant to collection of data through the consumer preference survey regarding the product, please explain each step in your data analysis plan. Each step of the data analysis plan must be linked to the questions you have designed for the survey in the previous question. 3.) How would you conduct the survey? What would be your mode of data collection and sampling technique? How would you define the population and sample? Justify your answer.

Briefly discuss the main differences between qualitative and quantitative data ( maximum150 words only).

This is all one question:   The following set of questions were developed to administer to the customers of a food catering business. Put yourself in the position of a customer who has ordered food from this catering business at least one time in the past. You have just received this survey in an e‐mail from the catering company. The e‐mail contains a link that takes you to a Web‐based survey process (such as Google Forms or SurveyMonkey). As you read each question, evaluate it carefully. Is it easy to answer? Do understand how to answer? Is there any confusion in your mind about what response is expected? Do you think your answer will be meaningful and useful to the system development team?   What is your company's name? On a scale from 1 to 10, how easy do you find the ordering process? 0‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐10   How long does it take to place a catering request? In your opinion, what is the biggest problem with the current system of…

Interpret the coefficients of your regression model.​ Specifically, what does the fixed component of the model mean to the consulting​ firm?   Interpret the fixed​ term, b 0b0​, if appropriate. Choose the correct answer below.     A. It is not appropriate to interpret b 0b0​, because its value is the predicted billable hours for overhead costs of 0​ dollars, but the firm cannot have overhead costs of 0 dollars associated with a client.   B. The value of b 0b0 is the predicted overhead costs for 0 billable hours.   C. It is not appropriate to interpret b 0b0​, because its value is the predicted overhead costs for 0 billable​ hours, but someone with 0 billable hours would not actually be a client of the firm.   D. For each increase of 1 unit in billable​ hours, the predicted overhead costs are estimated to increase by b 0b0.   E. The value of b 0b0 is the predicted billable hours for an overhead cost of 0 dollars.   F. For each increase of 1 unit in…

As you know from the classes after you are done with the questionnaire, you have to sample the respondents before going for the fieldwork for data collection. Sampling can be done using nonprobability sampling or probability sampling. Which one in your opinion for pantene brand is deteriorating. Among these techniques, which one do you feel is the best sampling technique for your problem? Discuss with examples and justifications.

Kyle wants to write a research paper on the advantages and disadvantages of nuclear power. Which source would best help him address his topic?     Responses a book entitled “Inside a Nuclear Power Plant” a book entitled “Inside a Nuclear Power Plant” a website for an electric company that uses nuclear power a website for an electric company that uses nuclear power a television documentary on the development of nuclear power a television documentary on the development of nuclear power a magazine article entitled “Should We Use Nuclear Power?”