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Solutions Manual For Basic Statistics For Business And Economics 7th Edition by Lind, Marchal, Wathen, Ann Waite, Murphy

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SOLUTION MANUAL FOR BASIC STATISTICS FOR BUSINESS AND ECONOMICS 7TH EDITION BY DOUGLAS A. LIND, WILLIAM G. MARCHAL, SAMUEL A. WATHEN, CAROL ANN WAITE, KEVIN MURPHY Chapter 1-17 CHAPTER 1 WHAT IS ... STATISTICS? 1. a. Interval b. Ratio c. Ratio d. Nominal e. Ordinal f. Ratio g. Nominal h. Ordinal i. Nominal j. Ratio (LO1-5) 2. a. Ratio b. Ratio c. Ratio d. Ratio e. Ratio f. Ratio (LO1-5) 3. Answers will vary (LO1-6) 4. a. Sample b. Population c. Population d. Sample (LO1-3) 5. Qualitative data are not numerical, whereas quantitative data are numerical. Examples will vary by student. (LO1-4) 6. A population is the entire group which you are studying. A sample is a subset taken from a population. (LO1-3) 7. Discrete variables can assume only certain values, whereas continuous variables can assume any value within a specific range. Examples will vary. (LO1-4) 8. The cell phone provider is nominal level data. The minutes used are ratio level. Satisfaction is ordinal level. (LO1-5) 9. If you were using one store as typical of all of the stores selling electronic book readers in the mall then it would be sample data. However, if you were considering all of the stores [Show More]

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