Wednesday, February 5, 2014

The Isb

ECO1ISB Introductory Business Statistics Assignment 1: Descriptive Statistics | authorise out: |hebdomad 1 | |Hand in: | calendar week 7 | 1. [4 mark] Explain the difference between qualitative and quantitative variables and give examples of each(prenominal). 2. [8 marks] Describe each of the following variables in represent of their type (qualitative, quantitative) and subtype (continuous, discrete, nominal, ordinal). a) Peoples heights (in cm). b) House prices ($). c) knob satisfaction ratings: Very Satisfied, Neutral, Very Dissatisfied. d) Fuel consumption of aim vehicles (L/km). e) The do of p eople that travel to work by bourgeon each day. f) Age (years): 0 to < 20, 20 to < 30, 30 to < 40, ? 40. g) grammatical case of transport used to travel to work: walk, bicycle, car, repel bike, bus, train. h) The number of compact fluorescent lamps (CFLs) in a test of one C that fail within 10,000 hours. 3. [24 marks] In a node survey, a large sample of shoppers at a supermarket was asked the following questions (note that each of the questions on the questionnaire constitutes a variable, so the final exam data batch would consist of four variables): ? How much do you go on on grocery and household items each week? ? What is your family income bracket: low, medium, naughty? ? How close to this supermarket do you live: < 1 km, ? 1 km? ? How much time do you spend shopping at supermarkets each week? Your task is to localize what numerical and in writing(p) tools should be used to answer the questions below. To constitu te full marks you must explain your choice. ! a) What is the distribution of customer spending habits? b) What piece of customers live within 1 km of the supermarket? c) Is there an knowledge between the...If you want to get a full essay, line of battle it on our website: BestEssayCheap.com

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