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Jane Erving, a newly hired accountant wanting to impress her boss, stayed late one night to analyze the long-distance calls by area code and time of day placed. She determined the monthly cost for the previous 12 months by hour and area code called.
Required:
1. What did Jane think her boss would learn from this information? What action might be taken as a result of knowing it?
2. Would this information be more relevant if Jane worked for a hardware store or for a real estate company? Discuss.
mikes meats incurs costs of 4000 while processing raw chicken meat into three products breasts wings and thighs. the
the varone company makes a single product called a hom. the company has the capacity to produce 40000 homs per year.
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In Chapter 2, we are going to look at sets of data and explore ways of analyzing that data so that conclusions can be made from that data. Now, it is possible to have a data set that has many as 100 data points or even 1000's of data points.
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