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How many variables are in this data set

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Reference no: EM132083020

Question 1 : The following information regarding the ten richest Americans was reported in a recent issue of Forbes.

Name

Ranking

Worth
(SBillions)

A g e

Marital
Status

Source

Gates, William

1

72.0

51

married

Microsoft

Buffett, Warren

2

52.0

77

married

Berkshire Hathaway

Adelson, Sheldon

3

28.0

74

married

casinos, hotels

Ellison, L. J.

4

26.0

63

married

Oracle

Britt, Sergey

5

18.5

34

married

Google

Page, Larry

 

18.5

34

single

Google

Kerkorian, Kirk

 

18.0

90

divorced

investments, casinos

Dell, Michael

S

17.2

42

married

Dell

Koch, Charles

9

17.0

71

married

oil, commodities

Koch. David

9

17.0

67

married

oil, commodities

How many elements are in the above data set?

How many variables are in this data set?

How many observations are in this data set?

Which variables are categorical and which are quantitative?

Question 2

A sample of the ages of 10 employees of a company is shown below.

20 30 40 30 50

30 20 30 20 40

Using a method of your choosing, construct a dot plot for the above data.

Question 3

The following data shows the price of PAO, Inc. stock over the last eight months.

Month

Price (S)

1

2.08

2

2.00

3

2.03

4

1.91

5

1.88

6

1.87

7

1.70

8

1.67

Develop a scatter diagram and draw a trend line through the points.

What kind of relationship exists between stock price and time (negative, positive, or no relation)?

Reference no: EM132083020

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