BUS 308 Statistics for Managers Week 1 Assignment Ashford latest version questions only!
|Score:||Week 1.||Measurement and Description – chapters 1 and 2|
|<1 point>||1||Measurement issues. Data, even numerically coded variables, can be one of 4 levels –|
|nominal, ordinal, interval, or ratio. It is important to identify which level a variable is, as|
|this impact the kind of analysis we can do with the data. For example, descriptive statistics|
|such as means can only be done on interval or ratio level data.|
|Please list under each label, the variables in our data set that belong in each group.|
|b.||For each variable that you did not call ratio, why did you make that decision?|
|<1 point>||2||The first step in analyzing data sets is to find some summary descriptive statistics for key variables.||
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