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Res/351 Week 5 Individual Assignment Essay

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Determine which level of measurement— nominal, ordinal, interval, or ratio—is used in the following examples. The Association of Accountants is conducting a survey to determine the ranking of the top 100 accounting firms in the world. Ordinal How many years did it take you to earn your college degree? Ratio On a questionnaire which asks for gender, males are coded as 1 and females are coded as 2. Interval Respondents are asked to rate a list of high-tech companies as excellent, good, fair, or poor in terms of their service delivery. Ordinal Cereal brands are arranged in an ordered sequence in which an equal interval exists between each point. Interval LeBron James wears the number 23 on his jersey. Nominal The length of time it …show more content…

Convenience The Consumer Price Index represents a sampling of 90,000 items from 364 categories, chosen from 20,000 retail stores in 85 geographically distributed areas that are chosen to be as similar as possible. Cluster A finance professor wants to know how many MBA students would be willing to take a course in international finance this summer. She surveys students in the class she is currently teaching. Convenience Which hypothesis-testing procedure would you use in the following situations? The mean time an American family lives in a particular single-family dwelling is 11.8 years. A sample of 100 families in the Sycamore, OK area shows the mean time living in a single family residence is 12.7 years. Can we conclude that the time people live in Sycamore is significantly more than the national average? One Sample Z-Test A researcher would like to know if there is a significant difference in clothing purchases between full-time working women, part-time working women, and women who are homemakers. ANOVA Eighty percent of those who play the state lottery never win more than $100 in one play. A sample of 500 players was drawn and the mean winning was $125. One Sample Z-Test A drug manufacturing company conducted a survey of customers. The research question was as follows: Is there a significant relationship between packaging

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