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QNT 351 WEEK 1 CONNECT PROBLEM SET

QNT 351 WEEK 1 CONNECT PROBLEM SET<br>

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QNT 351 WEEK 1 CONNECT PROBLEM SET

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  1. QNT 351 WEEK 1 CONNECT PROBLEM SET Buy here: https://newstudentoffortune.com/products/qnt-351-week-1-connect-problem-set Which of the following is an example of a continuous variable? Tons of concrete to complete a parking garage Number of students in a statistics class Zip codes of shoppers Rankings of baseball teams in a league The incomes of 50 loan applicants are obtained. Which level of measurement is income? Nominal Ordinal Interval Ratio The members of each basketball team wear numbers on their jerseys. What scale of measurement are these numbers considered? Nominal Ordinal Interval Ratio The reported unemployment is 5.5% of the population. What measurement scale is used to measure unemployment? Nominal Ordinal Interval or ratio Descriptive The Nielsen Ratings break down the number of people watching a particular television show by age. What level of measurement is age? Nominal Ordinal Interval Ratio QNT 351 WEEK 1 CONNECT PROBLEM SET POWERED BY DOCRACY.COM 1 of 2

  2. An example of a qualitative variable is _________________. Number of children in a family Weight of a person Color of ink in a pen Miles between oil changes Two thousand two hundred frequent business travelers are asked which midwestern city they prefer: Indianapolis, Saint Louis, Chicago, or Milwaukee. 112 liked Indianapolis best, 452 liked Saint Louis, 1295 liked Chicago, and the remainder preferred Milwaukee. Develop a frequency table and a relative frequency table to summarize this information. (Round relative frequency to 3 decimal places.) The Cambridge Power and Light Company selected a random sample of 20 residential customers. Following are the amounts, to the nearest dollar, the customers were charged for electrical service last month: Consider these five values a population: 6, 3, 7, 3, and 7. An investor buys 100 shares of AT&T stock and records its price change daily. Which concept of probability would you use to estimate the probability of an individual event? Probability of an individual event Classical Empirical QNT 351 WEEK 1 CONNECT PROBLEM SET POWERED BY DOCRACY.COM 2 of 2

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