Assign 1-1 - Assign 1-1 Chap 1 Prob 1 The numerical facts...

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Assign 1-1 Chap 1 Prob 1 The numerical facts are called as statistics. Statistics as a discipline or field of study is the art and science of collection, analyzing, presenting and interpreting date especially in business and economics. Prob 5 a. 5 b. Quantitative – Price, cd Capacity, Tape decks Qualitative – Sound quality, FM Tuning c. 3 d. 7/10 or 70% e. 40% Prob 11 a. Quantitative – interval scale b. Qualitative – Ordinal Scale c. Qualitative – Ordinal Scale (if it is a rank) d. Quantitative - Ratio e. Quantitative – Nominal Prob 15 a. Quantitative b. Time Series c. About 20 d. 2002 (15) e. FDA is decreasing the number of new drugs they approve each year. Approval rate is going down except in 2 years (1999, 2003) Prob 21 a. Women with mothers who took the drugs during pregnancy and women with mothers who didn’t take the drugs. b. Survey c. 63/3980 had abnormalities. 15.83 people had abnormalities out of 1000 d. 7.9 out of 1000 e. While taking a survey they have to get a random sample and it should be large
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This note was uploaded on 10/10/2010 for the course ACCT 225 S taught by Professor Webster during the Spring '10 term at Franklin.

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Assign 1-1 - Assign 1-1 Chap 1 Prob 1 The numerical facts...

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