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BUS 308 Wkly Homework Ass.

# BUS 308 Wkly Homework Ass. - BUS 308 Statistics for...

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BUS 308 – Statistics for Managers Week 1: Chapter 1 1.3 : Below we list several variables. Which of these variables are quantitative and which ar 1.17: Classify each of the following qualitative variable as ordinal or nominative. Explain yo Week 1: Chapter 3 3.3: Calculate the mean, median, and mode of each of the following populations of numbers: A. 9, 8, 10, 10, 12, 6, 11, 10, 12, 8 mean: 9.6 μ= (9+8+10+10+12+6+11+10+12+8)/10 μ=96/10 median: 10 restructuring to ascending order: 6, 8, 8, 9, 10, 10, 10, mode: 10 B. 110, 120, 70, 90, 90, 100, 80, 130, 140 mean: 103.33333 μ= (110+120+70+90+90+100+80+130+140)/9 median: 100 restructuring to ascending order: 70, 80, 90,90, 100, 11 mode: 90 3.22: 157, 132, 109, 145, 125, 139 mean: 134.5 (157+132+109+145+139)/6 s: 16.6343 a. The dollar amount on an accounts receivable invoice. This is an example of quantitative da b. The net profit for a company in 2006 . This is an example of quantitative data because it is nu c. The stock exchange on which a company’s stock is traded. This is an example of qualitative d. The national debt of the United States. This is an example of quantitative data because it is n e. The advertising medium (radio, television, or print) used to promote a product.

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BUS 308 Wkly Homework Ass. - BUS 308 Statistics for...

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