HW1 - BUAD 310 HW1 BUAD Homework 1 due Wednesday, January...

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BUAD 310 HW1 BUAD Homework 1 due Wednesday, January 30, 2008 in class Textbook problems (     Essentials of Business Statistics, 2     nd     edition     ):    1. p. 9 #1.3 Below   we  list several   variables.  Which  of  these   variables  are   quantitative   and  which  are  qualitative? Explain. a. The dollar amount on an accounts receivable invoice. quantitative b. The net profit for a company in 2005.             quantitative c. The stock exchange on which a company’s stock is traded.     qualitative d. The national debt of the United States in 2005. quantitative e. The advertising medium (radio, television, or print) used to promote a product. Qualitative 2. p. 58 #2.1 What do each of the following population shapes look like? Explain each in words and then draw  a picture to illustrate each shape. a. Symmetrical and bell-shaped is a curve that has the same  Croud b. Double-peaked. c. Skewed with a tail to the left. 1
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BUAD 310 HW1 d. Skewed with a tail to the right. 3. p. 61 #2.6 [part b only] THE BANK CUSTOMER WAITING TIME CASE. Recall that Table 1.6 (page 11) presents the 
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HW1 - BUAD 310 HW1 BUAD Homework 1 due Wednesday, January...

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