User Account

All Pages

What are difference between discrete and continuous variable

Assignment Help Business Economics
Reference no: EM131369515

Write a 750-900 word report that includes answers to the following tasks/questions:

1. What is statistics?

2. How are they used to make decisions?

3. What is the difference between descriptive and inferential statistics?

4. Think of two different business problems where statistics could be useful to solve them. Provide sufficient detail so that the problem is clear as well as how you think statistical analysis could be useful.

5. What is a variable?

6. What are the differences between quantitative and qualitative variables?

7. What are the differences between discrete and continuous variables.

Reference no: EM131369515

Questions Cloud

Inventories and inventory management : Inventories - and inventory management - should be a thing of the past. An efficient and effective organization should be able to employ lean and just-in-time concepts so that inventories are not necessary. Do you agree or disagree with this statemen..
What organizing to implement vertical integration means : Please explain in detail what "Organizing to implement vertical integration" means and how it involves organizational structure, management controls and compensation policies.
Dictum of management theory : It has long been a dictum of management theory that leaders must adapt their behavior to fit the specifics of a situation. Discuss whether transformational leadership is appropriate for all occasions. In which situations might it not be effective and..
Backtracking algorithm : COSC 2007 -Data Structures - The backtracking algorithm helps the mouse by systematically trying all the routes through the maze until it either finds the exit or exhausts all possible routes
What are difference between discrete and continuous variable : qnt 275-What are the differences between quantitative and qualitative variables? What are the differences between discrete and continuous variables.
What is the probability : Assume that 2% invest in both kinds. If an investor is chosen at random, what is the probability that this investor has either public or corporate funds?
What will be the price level of the overall economy : ECON 3123- Suppose that the economy consists of two types of firms. Flexible price firms, who set prices P + a(Y - Y¯), and sticky price firms, who set prices E(P). Fraction s of the firm population is sticky. What will be the price level of the o..
Probability that randomly chosen user could not use a device : If there were 18 million users of handheld data devices of this kind on that day, what is the probability that a randomly chosen user could not use a device?
What is the probability that a randomly chosen : If there were 18 million users of handheld data devices of this kind on that day, what is the probability that a randomly chosen user could not use a device?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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