Submitted By MMrSnap

Words 346

Pages 2

Words 346

Pages 2

1. Biased Question – Will you vote for John Doe or Bill Jones for class president?

2. Biased Question – Would you buy an ABC car?

3. Confusing Words – Should banks charge their customers a bank a fee to balance

their checkbooks?

4. Double-Negative- Do you think students who missed Friday’s class should take the

retest?”

5. Answer may be overstated, or suited to what the person thinks the interviewer wants

to hear. Rephrase like: Have you studied for this examination?

6. Open-ended question- There are too many possible answers and that could

result in difficult summarization. A closed-ended question might work better in this

instance. Rephrase like: Do you prefer an artificial sweetener?

7. Confusing Words - If a plane crashes on the border of New York and New Jersey,

where would you burry the casualties?

8. Double Barreled Question – Would you be in favor of imposing a tax on tobacco to

pay for health care related diseases?

6.1 What is the difference between the probability distribution of a discrete

random variable and that of a continuous random variable? Explain.

A continuous random variable is achieved from information that can be measured

instead of counted. A continuous random variable is a variable that can assume an infinite

amount of possible values. The probability distribution of a discrete random variable

included values that a random variable can assume and the corresponding

probabilities of the values. The probability distribution of a continuous random variable has

two characteristics:

1. The probability that x assumes a value in any interval lies in the range 0 to 1.

2. The probability of all the (mutually exclusive) intervals within which x can assume a

value is 1.

A continuous probability distribution differs from a discrete…...

...Exercise 14-2 Problems 1 - 8 1. Biased Question – Will you vote for John Doe or Bill Jones for class president? 2. Biased Question – Would you buy an ABC car? 3. Confusing Words – Should banks charge their customers a bank a fee to balance their checkbooks? 4. Double-Negative- Do you think students who missed Friday’s class should take the retest?” 5. Answer may be overstated, or suited to what the person thinks the interviewer wants to hear. Rephrase like: Have you studied for this examination? 6. Open-ended question- There are too many possible answers and that could result in difficult summarization. A closed-ended question might work better in this instance. Rephrase like: Do you prefer an artificial sweetener? 7. Confusing Words - If a plane crashes on the border of New York and New Jersey, where would you burry the casualties? 8. Double Barreled Question – Would you be in favor of imposing a tax on tobacco to pay for health care related diseases? 6.1 What is the difference between the probability distribution of a discrete random variable and that of a continuous random variable? Explain. A continuous random variable is achieved from information that can be measured instead of counted. A continuous random variable is a variable that can assume an infinite amount of possible values. The probability distribution of a discrete random variable included values that a random variable can assume and the......

Words: 346 - Pages: 2

...Final Strategic Plan Beris Edwards BUS 475 May 13, 2013 Garold Cole Jean’s Rare Books is located all over the country and they provide a chain of stores with the desire and need to elevate their business to Canada and more. The location that they have chosen has a strong culture and rich history and this will have a major impact on the ethical and moral decision made by the company. The country and the personnel where the company operates, has a direct relationship with how the company should move forward ethically and morally. It’s the company desire to increase the reading ability in the area where they do business. When it comes to doing business in a foreign country, the guidelines and regulation can become a major problem and so everything must be implemented and executed in the right manner and this will ensure the company maintains a prosperous and productive business. Jean’s Rare Find Books store is awesome, the company provides unique books and has over five thousand books and the books are from rare to contemporary and for a collector of books, this book store is a dream come through. Above all the book store has an extensive amount of books that are no longer in publication. The entrance of the book store gives the appearance of an English tea house and the inside is put together like a seated room and with a quiet and study free atmosphere. To help others is the vision of the company and the company statement make it clear that, it’s their desire and need...

Words: 2846 - Pages: 12

...QNT/351 UoP November 2013 1) The main purpose of descriptive statistics is to A. summarize data in a useful and informative manner B. make inferences about a population C. determine if the data adequately represents the population D. gather or collect data The answer is A 2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called A. statistics B. descriptive statistics C. inferential statistics D. levels of measurement The answer is A 3) The performance of personal and business investments is measured as a percentage, return on investment. What type of variable is return on investment? A. Qualitative B. Continuous C. Attribute D. Discrete The answer is B 4) What type of variable is the number of robberies reported in your city? A. Attribute B. Continuous C. Discrete D. Qualitative The answer is C 5) What level of measurement is the number of auto accidents reported in a given month? A. Nominal B. Ordinal C. Interval D. Ratio The answer is D 6) The names of the positions in a corporation, such as chief operating officer or controller, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio The answer is A 7) Shoe sizes, such as 7B, 10D, and 12EEE, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio The answer is C 8) Monthly commissions of first-year insurance brokers are $1,270, $1,310...

Words: 1246 - Pages: 5

... Treasury Notes or Mortgage-Backed Securities from its member banks. This pumps more money into the banks and therefore they would lend more. This is also known as Quantitative Easing(Heyneet. al., 2002). Third and final tool in this regards include lower down Discount Rate. Banks usually use their discount window very rarely due to the fact that there is Sigma attached. The Fed is considered to be lender of last resort. Therefore the banks use discount rate window when they are unable to get loan from any other bank(Larch, and Martins, 2009). Dealing with interest rates under expansionary monitory policy the monetary authorities in different nations have differing in their level of control of economy-wide interest rates. In the United States, the Federal Reserve can set the discount rate, as well as achieve the desired federal funds rate by open market operations (Barry, 1992). These rates have significant effect on other market interest rates, but there is no perfect relationship. In the United States open market operations are a relatively small part of the total volume in the bond market. Expansionary Fiscal Policy: The expansionary fiscal policy usually involves the government spending exceeding tax revenues and therefore is undertaken usually during recession of economy. Therefore the government usually uses the expansionary fiscal policy to stimulate the economy and in order to create more growth(Barry, 1992). This is more critical and useful in contraction phase......

Words: 1218 - Pages: 5

...1) What is the primary function or purpose of descriptive statistics? Summarize complex data in a useful and informative way Explanation: In other words, descriptive statistics is all about making sense of complex data. 2) What do we call the process of gathering, organizing, summarizing, analyzing, and interpreting data? Statistics Explanation: This is the most basic definition of statistics. 3) The performance of financial investments is measured with a percentage know as return on investment. What kind of variable do we call return on investment? Continuous Explanation: The variable amount is constantly changing with the financial environment, thus called continuous. 4) What kind of variable is the amount of burglaries reported in a particular city? Discrete Explanation: A discrete variable is only able to collect data from a finite number of values. Infinite values cannot be accepted. 5) Name the level of measurement of the total number of auto accidents reported in a certain month? Ratio Explanation: Measuring an exact point on the scale is considered the ratio level of measurement. 6) The titles of the job positions in a company, such as chief operating officer or CEO, are examples of what level of measurement? Nominal Explanation: The nominal scale differentiates between items or subjects based only on their names. 7) Sneaker sizes, such as 6A, 11D, and 14FF, would be considered which level of...

Words: 1223 - Pages: 5

...QNT 561 QNT561 Complete course Click below link for Answer visit www.workbank247.com http://workbank247.com/q/qnt-561-complete-course/4063 http://workbank247.com/q/qnt-561-complete-course/4063 QNT561 Weeks 1-6 - All Individual and Team Identify an organization from any member in your Learning Team or an organization with which your team is familiar. If an actual company is used, disguise its name with a pseudonym. · Alternatively, create a fictitious organization based on the dataset provided under Resources -Data Sets. Identify one independent variable and one dependent variable based on the business. Operationalize these variables if they are too abstract to measure. Develop a real or realistic scenario for the introduction based on the company you chose and the two variables. Include a background, a business problem and the team's role of no more than 350 words. Develop a research question from the two variables. · Use the Research Question Two Variable Handout for guidance. Create hypothesis statements based on the research question. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. Note: In Week 3, this paper will be appended with new content. Sampling Design Using the scenario and two variables your learning team developed for the Week 2 Business Research Project Part 1 assignment, create a paper of no more than 700 words in which the goal is to submit a random sampling plan in such...

Words: 1304 - Pages: 6

...QNT 561 WEEK 4 A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=qnt-561-week-4 Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION QNT 561 Week 4, Harmony Grill requests your help. Please complete the following Customer Satisfaction Survey Thank you for your time. What age group are you o Under 18 o 18-35 o 36-55 o 56 or older Dining Party Makeup o 1 Person o 2 People o 3 People o 4 or more How did you hear about us o Friend/family o Previous Visitor o Advertisement o Walk In After reviewing Team C’s survey for the chosen organization Amazon one understood the objective behind the survey, which was identifying customer satisfaction with the company and also a customer’s loyalty in continuing to make purchases using the company. One question was asked twice in the survey (#9) one is sure that it was just an oversight though. As an avid amazon.com user one purchases a lot of books for the kindle fire and would have liked to see a question in relation to that. Moreover a lot of items from amazon are provided through third parties and there could have been a customer satisfaction question in relation to that. Overall, one thought that this was a well-worded survey. Furthermore the survey was very presentable and the ability for one to make personal comments or testimonials at the end is beneficial. The comments and testimonials are important because a customer is able to elaborate on any answers made and......

Words: 341 - Pages: 2

...QNT 561 WEEK 5 SAMPLING PROCESS AND DATA ANALYSIS A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=qnt-561-week-5-sampling-process-and-data-analysis Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION QNT 561 Week 5 Sampling Process and Data Analysis, Sampling Process and Data Analysis Surveys are a beneficial when receiving feedback on how a business is doing. When customers complete surveys it helps to identify areas of strength and also areas of growth. Currently, Harmony Grill is experiencing a decline in customers due to customer service issues. Providing customers with the opportunity to give feedback empowers them by making their thoughts heard and helps the management by using the following consumer feedback to identify customer service issues as the restaurant would like to identify key areas which it could make changes to provide better training to improve customer service for all patrons and create a better dining experience. A sample size consists of the amount of people who will be surveyed. Initially, Harmony Grill decided to use the sample process of 200 people, which consisted of 100 patrons during lunch hours, and 100 during the dinner hours. However, after careful consideration, Team A made the decision to lower the sample size in an effort to receive data based on information retrieved in a short amount of time, as the survey was administered to family and friends of team members via the......

Words: 322 - Pages: 2

... the survey when they feel they have contributed enough information * Encourage participants to answer only those questions they are comfortable answering * Encourage each participant to provide accurate responses A large department store examined a sample of the 18 credit card sales and recorded the amounts charged for each of three types of credit cards: MasterCard, Visa, and Discover. Six MasterCard sales, seven Visa, and five Discover sales were recorded. The store used an ANOVA to test if the mean sales for each credit card were equal. What are the degrees of freedom for the F statistic? * 6 in the numerator, 15 in the denominator * 2 in the numerator, 15 in the denominator * 18 in the numerator, 3 in the denominator * 3 in the numerator, 18 in the denominator When data is collected using a qualitative, nominal variable, what is true about a frequency distribution that summarizes the data? * The upper and lower class limits must be calculated. * The “5 to the k rule” can be applied. * The number of classes is equal to the number of variables plus 2. * A pie chart can be used to summarize the data....

Words: 1522 - Pages: 7

...QNT 275 WEEK 5 MYSTATLAB To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-mystatlab/ Contact us at: SUPPORT@ACTIVITYMODE.COM QNT 275 WEEK 5 MYSTATLAB NTC 409 Complete Class QNT 275 WEEK 5 MYSTATLAB To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-mystatlab/ Contact us at: SUPPORT@ACTIVITYMODE.COM QNT 275 WEEK 5 MYSTATLAB NTC 409 Complete Class QNT 275 WEEK 5 MYSTATLAB To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-mystatlab/ Contact us at: SUPPORT@ACTIVITYMODE.COM QNT 275 WEEK 5 MYSTATLAB NTC 409 Complete Class QNT 275 WEEK 5 MYSTATLAB To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-mystatlab/ Contact us at: SUPPORT@ACTIVITYMODE.COM QNT 275 WEEK 5 MYSTATLAB NTC 409 Complete Class QNT 275 WEEK 5 MYSTATLAB To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-mystatlab/ Contact us at: SUPPORT@ACTIVITYMODE.COM QNT 275 WEEK 5 MYSTATLAB NTC 409 Complete Class QNT 275 WEEK 5 MYSTATLAB To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-mystatlab/ Contact us at: SUPPORT@ACTIVITYMODE.COM QNT 275 WEEK 5 MYSTATLAB NTC 409 Complete Class QNT 275 WEEK 5 MYSTATLAB To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-mystatlab/ Contact......

Words: 324 - Pages: 2

...QNT 275 WEEK 5 FINAL PAPER AND PRESENTAION To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-final-paper-and-presentaion/ Contact us at: SUPPORT@ACTIVITYMODE.COM QNT 275 WEEK 5 FINAL PAPER AND PRESENTAION QNT 275 Week 5 Business Decision Making Project, Final Based on your Week 5 collaborative learning team discussion, prepare a 7- to 9-slide Microsoft® PowerPoint® presentation for the senior management team along with a supplemental written report of no more than 700 to 1,400 words to present your findings. Include the following in your presentation: • What is the business problem or opportunity? • Why is it important? • What should we do? QNT 275 WEEK 5 FINAL PAPER AND PRESENTAION To purchase this visit following link: http://www.activitymode.com/product/qnt-275-week-5-final-paper-and-presentaion/ Contact us at: SUPPORT@ACTIVITYMODE.COM QNT 275 WEEK 5 FINAL PAPER AND PRESENTAION QNT 275 Week 5 Business Decision Making Project, Final Based on your Week 5 collaborative learning team discussion, prepare a 7- to 9-slide Microsoft® PowerPoint® presentation for the senior management team along with a supplemental written report of no more than 700 to 1,400 words to present your findings. Include the following in your presentation: • What is the business problem or opportunity? • Why is it important? • What should we do? QNT 275 WEEK 5 FINAL PAPER AND PRESENTAION To purchase this visit following link...

Words: 792 - Pages: 4

...ACC 291 Week 5 Final Exam 5 Purchase here http://chosecourses.com/acc-291-week-5-final-exam-5 Description ACC 291 Final Exam 1) Intangible assets are the rights and privileges that result from ownership of long-lived assets that 2) Gains on an exchange of plant assets that has commercial substance are 3) Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $15,000. If the balance of the Allowance for Doubtful Accounts is $3,000 credit before adjustment, what is the amount of bad debts expense for that period? 4) When an interest-bearing note matures, the balance in the Notes Payable account is 5) Costs incurred to increase the operating efficiency or useful life of a plant asset are referred to as 6) Hilton Company issued a four-year interest-bearing note payable for $300,000 on January 1, 2011. Each January the company is required to pay $75,000 on the note. How will this note be reported on the December 31, 2012 balance sheet? 7) When the effective-interest method of bond discount amortization is used 8) Capital stock to which the charter has assigned a value per share is called 9) Manner, Inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at December 31, 2011. There were no dividends declared in 2010. The board of directors declares and pays a $45,000 dividend in 2011. What is...

Words: 4885 - Pages: 20

... decision rule for .05 significance level. (Round your answers to 3 decimal places.) d-2. Compute the value of the test statistic. (Round your answers to 2 decimal places. Negative answers should be indicated by a minus sign.) d-3. Which variable would you consider eliminating? About Author This article covers the topic for the University of Phoenix QNT 561 Week 5 Learning Assessments-Assignment. The author is working in the field of education from last 5 years. This article covers the questions & answers of QNT 561 Week 5 Learning Assessments-Assignment. Other topics in the class are as follows: QNT 561 Final Exam Latest QNT 561 Week 2 Weekly Learning Assessments QNT 561 Week 3 Weekly Learning Assessments QNT 561 Week 4 Weekly Learning Assessments QNT 561 Week 5 Weekly Learning Assessments QNT 561 Week 6 Weekly Learning Assessments Want to check other classes..?? Visit www.Transwebetutors.com....

Words: 1756 - Pages: 8

...QNT 351 Final Exam To Buy This material Click below link http://www.uoptutors.com/QNT-351/QNT-351-Final-Exam. 1) The main purpose of descriptive statistics is to A. summarize data in a useful and informative manner B. make inferences about a population C. determine if the data adequately represents the population D. gather or collect data 2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called A. statistics B. descriptive statistics C. inferential statistics D. levels of measurement 3) The performance of personal and business investments is measured as a percentage, return on investment. What type of variable is return on investment? A. Qualitative B. Continuous C. Attribute D. Discrete 4) What type of variable is the number of robberies reported in your city? A. Attribute B. Continuous C. Discrete D. Qualitative 5) What level of measurement is the number of auto accidents reported in a given month? A. Nominal B. Ordinal C. Interval D. Ratio 6) The names of the positions in a corporation, such as chief operating officer or controller, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio 7) Shoe sizes, such as 7B, 10D, and 12EEE, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio 8) Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180, and $1,420. These...

Words: 1138 - Pages: 5

...QNT 561 FINAL EXAM Click Link Below To Buy: http://hwaid.com/shop/qnt-561-final-exam/ 1) A difference between calculating the sample mean and the population mean is A) Only in the symbols, we use instead of μ and n instead of N B) We divide the sum of the observations by n - 1 instead of n. C) The observations are ranked and select the middle value for the population mean. D) There are no differences. 2) Which of the following measures of central location is affected most by extreme values? A) Median B) Mean C) Mode D) Geometric mean 3) Which level of measurement is required for the median? A) Nominal B) Ordinal C) Interval D) Ratio 4) Which level of measurement is required for the mode? A) Nominal B) Ordinal C) Interval D) Ratio 5) In a set of observations, which measure of central tendency reports the value that occurs most often? A) Mean B) Median C) Mode D) Geometric mean 6) The weighted mean is a special case of the A) Mean B) Median C) Mode D) Geometric mean 7) The relationship between the geometric mean and the arithmetic mean is A) They will always be the same. B) The geometric mean will always be larger. C) The geometric mean will be equal to or less than the mean. D) The mean will always be larger than the geometric mean. 8) Suppose you compare the mean of raw data and the mean of the same raw data grouped into a frequency distribution...

Words: 7212 - Pages: 29