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
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What they are; They are the different ways numbers can be used. NOMINAL LEVEL: Numbers can be used as tags or labels‚ where the size of the number is arbitrary. Barcodes and social security numbers are two examples. We could use the name of the merchandise or person equally well‚ but we choose numbers instead. The fact that the barcode for milk is higher than for razor blades (is it?)‚ or that your SSN is higher than mine ( is it?) tells us nothing. In surveys they often use arbitrary numbers
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Nominal Level of Measurement The nominal level of measurement is the lowest of the four ways to characterize data. Nominal means "in name only" and that should help to remember what this level is all about. Nominal data deals with names‚ categories‚ or labels. Data at the nominal level is qualitative. Colors of eyes‚ yes or no responses to a survey‚ and favorite breakfast cereal all deal with the nominal level of measurement. Even some things with numbers associated with them‚ such as a number
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There are four general types of measurement scales: sorting‚ ranking‚ rating‚ and categorizing (Cooper & Schindler‚ 2006). The data collected by the survey team at Insuratel used a rating scale. The surveys where used to measure employee job satisfaction across departments. The Likert Scale was used to collect the data for all the questions in the survey. The questions asked in the survey studied the attitudes of the employees and their satisfaction. The surveys provided valuable feedback and
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establish the appropriate level of measurement for variables being measured in a study‚ because level of measurement impacts…? A. How long the study will run B. How often measurements should be made C. The number of participants that must be recruited D. The assumptions underlying the quantitative methods of analysis chosen 2) The principle of “parsimony” in research may be reflected in measurement efforts by…? A. Selecting long and complex measurement strategies to ensure full coverage
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S t o r a g e Ta n k M e a s u r e m e n t Servo Gauges ”The Tank Gauging People” Servo tank gauge - the advanced gauging tool Enraf introduced the automatic servo level gauging technology in the mid-fifties. Not long afterwards‚ we introduced the first Servo tank gauge in history to be certified by the leading Weights and Measures authorities. Innovative ideas are geared towards users satisfaction. After more than 40 years Enraf is still the driving force in tank gauging. Continuous development
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Corporate governance Corporate governance broadly refers to the mechanisms‚ processes and relations by which corporations are controlled and directed.[1] Governance structures identify the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors‚ managers‚ shareholders‚ creditors‚ auditors‚ regulators‚ and other stakeholders) and includes the rules and procedures for making decisions in corporate affairs. Corporate governance includes
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How are nominal dispositions distinguished from conditional and custodial dispositions? What are some variations of nominal dispositions? How effective are they at reducing recidivism of disposed juveniles? Nominal dispositions- are verbal and or written warnings that are issued to low risk juvenile offenders. They are considered to be the least punitive alternatives Juvenile courts are encourage to use nominal dispositions for the purpose of alerting the juvenile of the seriousness of
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Four-Firm Concentration Ratio Definition of the Four- Firm Concentration Ratio This is one of the most common concentration ratios. The four-firm concentration ratio is commonly used to indicate the degree to which an industry is oligopolistic and the extent of market control held by the four largest firms in the industry. How would you describe an industry with 20 firms and the CR is 20% and its implications?
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confidence intervals The confidence intervals represent upper and lower bounds of variation around each reference forecast. Values may occur outside the confidence intervals due to external shocks‚ such as extreme weather‚ structural changes to the economic system‚ geopolitical events‚ or technology development. The confidence intervals increase in width throughout the forecast period due to the increasing level of uncertainty in each subsequent year. The upper and lower bounds were based
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