Graphical representation for problem

Assignment Help Business Economics
Reference no: EM131932307

Suppose you have 2 friends, one is tall, about 6 feet tall and has a GPA of 3.80. Also your other friend who is also tall has a GPA of 4.0. This make you wonder if a person's height has any association with their GPA. You decide to conduct a study and collect data on the topic. Which of the following is the best graphical representation for this problem.

a. Scatterplot. I will label height as my explanatory variable and GPA as the response.

b. Line graph. I will record the time it takes for them to record GPA.

c. Scatterplot. I will record height as my response and GPA as my explanatory variable.

d. Pie chart. These variables are categorical.

Reference no: EM131932307

Questions Cloud

How native americans and mexican tejanos viewed themselves : Explain how Native Americans, Mexican Tejanos, Anglo-Americans, and Mexicans from the central high valley heartland of Mexico, viewed themselves.
How the issues were manifested in the group sessions : Imagine your group has had the opportunity to meet for at least two sessions. Over the two group sessions, three challenging issues arise.
Analyze the financial reporting information : Describe what the trends you see for your company based on your ratio analysis. What does this mean for the company?
What have been three most influential changes in us society : What have been the three most influential changes in U.S. society since the end of World War II? What evidence causes you to select these and not others?
Graphical representation for problem : You decide to conduct a study and collect data on the topic. Which of the following is the best graphical representation for this problem.
How the group will obtain a random sample of participants : Create a hypothesis for the group's study. Consider the hypothesis and how the group will define operationally and measure the variables.
Creative accounting might clash with the idea : Why do you think that creative accounting might clash with the idea that the financial statements should give a true and fair view of the accounts.
Number of children visiting the library : Test whether the number of children visiting the library has changed from the previous year using.
What is the company aftertax cost of debt : These bonds have a face value of $1,000 and a current market price of $900. What is the company's aftertax cost of debt if its tax rate is 35 percent?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd