C. Classify the following variables as quantitative or qualitative variables. If the variableis quantitative, identify whether it is discrete or continuous.1.The type of payment used by customers2.The evaluation rating of instructors3.The classification of employees in acompany4.The weekly allowance of students

The quantitative variables are those variables which take countable number or discrete. The…

Answered: C. Classify the following variables as…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Determine if the type of data for each variable is: Quantitative Discrete data, Quantitative Continuous data, or Qualitative data Customer Type of loan Account number. Interest Rate Payment left Mark Johnson car 56122 2.5% 8 Kam Nelson Mortgage 12234 4.2% 10 Fatima Jackson personal 23451 6% 5 Allen Rod car 11111 3.1% 7
The data below have been taken from the cost records of the Halifax General Hospital. The data relate to the costs of admitting patients at various levels of patient activity: Month Number of Patients Admitting Admitted Department CostsMay..................................................................... 3,600 $ 29,400June .................................................................... 3,800 $ 28,700July ...................................................................... 2,900 $ 27,400August ................................................................ 3,200 $ 28,000September .......................................................... 3,300…
Which of the following statements is incorrect ? O A. Nominal data may be described as quantitative. O B. A categorical variable may produce ordinal data. OC. A discrete numerical variable may produce ratio scale data. OD Ordinal data may be described as qualitative .
Use the data and develop a model to predict Overall Satisfaction. If a customer reports satisfaction with trade price as 3.3 and satisfaction with the speed of execution as 2.6, we can predict their overall satisfaction to be what? (Keep one decimal place) Brokerage Satisfaction with Trade Price Satisfaction with Speed of Execution Overall Satisfaction with Electronic Trades Scottrade, Inc. 3.4 3.4 3.5 Charles Schwab 3.2 3.3 3.4 Fidelity Brokerage Services 3.1 3.4 3.9 TD Ameritrade 2.9 3.6 3.7 E*Trade Financial 2.9 3.2 2.9 (Not listed) 2.1 3.2 2.7 Vanguard Brokerage Services 2.0 3.8 2.8 USAA Brokerage Services 2.1 3.8 3.6 Thinkorswim 1.9 2.6 2.6 Wells Fargo Investments 2.2 2.7 2.3 Interactive Brokers 3.1 4.0 4.0 Zecco.com 2.5 2.5 2.5 Firstrade Securities 3.0 3.0 4.0 Banc of America Investment Services 4.0 1.0 2.0
Construct dummy tables corresponding to the following research objectives To compare the nutritional status of the breast, bottle, and mixed-fed babies. To determine the relationship of the patient's compliance to medication for hypertension with his age and the severity of his disease.
Which of the following statements is incorrect? A. A discrete numerical variable may produce ratio scale data. B. Nominal data may be described as qualitative C. Ordinal data may be described as qualitative D. A categorical variable may produce interval data
The staff of controller of McCourt Company added the variable "pounds moved" to the ten-month data set: Month Materials Handling Cost Number of Moves Pounds Moved January $5,600 475 12,000 February 3,090 125 15,000 March 2,780 175 7,800 April 8,000 600 29,000 May 1,990 200 600 June 5,300 300 23,000 July 4,300 250 17,000 August 6,300 400 25,000 September 2,000 100 6,000 October 6,240 425 22,400 Required: 1. Using the data on material handling, use regression software such as Microsoft Excel to complete the missing data in the table below (round regression parameters to the nearest cent and other answers to three decimal places): McCourt CompanySUMMARY OUTPUT Regression Statistics Multiple R 0.999 R Square fill in the blank 491c8af8afe4f84_1 Adjusted R Square fill in the blank 491c8af8afe4f84_2 Standard Error 119.600 Observations 10 ANOVA df SS MS F Significance F Regression 2 37,768,070.16 18,884,035…
Construct index number of price from the following data byapplying: Bowley’s method 2016 2016 2017 2017 Commodity Price Quantty Price QuanttyA 2 8 4 6B 5 10 6 5C 4 14 5 10D 2 19 2 13
Given the following data, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If inventory carrying costs are $6 per unit perquarter, what is the annual carrying cost? Opening and ending inventories are zero.If the company always carries 100 units of safety stock, what is the annual cost ofcarrying it
Classify each of the following as nominal, ordinal, interval, or ratio data. a. The time required to produce each tire on an assembly line - select an option b. The number of quarts of milk a family drinks in a month - select an option c. The ranking of four machines in your plant after they have been designated as excellent, good, satisfactory, or poor - select an option d. The telephone area code of clients in the United States - select an option e. The age of each of your employees - select an option f. The dollar sales at the local pizza shop each month - select an option g. An employee’s identification number - select…
In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated. Company 1 Company 2 n1 = 80 n2 = 60 x̄1 = $10.80 x̄2 = $10.00 σ1 = $2.00 σ2 = $1.50 Refer to Exhibit 10-13. The point estimate of the difference between the means (Company 1 – Company 2) is _____.
Which of the following statements is incorrect ? A. A categorical variable may produce ordinal data . B. Nominal data may be described as quantitative. C. A discrete numerical variable may produce ratio scale data. D) Ordinal data may be described as qualitative .

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