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Chapter 1 Defining and Collecting Data – RoyalCustomEssays

Chapter 1 Defining and Collecting Data

Problem 5-4A on page 219 in your textbook
July 6, 2018
Chapter 1—Multinational Financial Management: An Overview
July 6, 2018
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38) An insurance company evaluates many
numerical variables about a person before deciding on an appropriate rate for
automobile insurance. A person’s age is an example of a ________ numerical
variable.

39) An insurance company evaluates many
numerical variables about a person before deciding on an appropriate rate for
automobile insurance. How long a person has been a licensed driver is an
example of a ________ numerical variable.

40) An insurance company evaluates many
numerical variables about a person before deciding on an appropriate rate for
automobile insurance. The number of tickets a person has received in the last 3
years is an example of a ________ numerical variable.

41) In purchasing an automobile, there are
a number of variables to consider. The body style of the car (sedan, coupe,
wagon, etc.) is an example of a ________ variable.

42) In purchasing an automobile, there are
a number of variables to consider. The classification of the car as a
subcompact, compact, standard, or luxury size is an example of a ________
variable.

43) In purchasing an automobile, there are
a number of variables to consider. The color of the car is an example of a
________ variable.

44) Most colleges admit students based on
their achievements in a number of different areas. Whether a student has taken
any advanced placement courses is an example of a ________ variable.

45) Most colleges admit students based on
their achievements in a number of different areas. The grade obtained in senior
level English (A, B, C, D, or F) is an example of a ________ variable.

46) Most colleges admit students based on
their achievements in a number of different areas. The total SAT score achieved
by a student is an example of a ________ numerical variable.

47) The Dean of Students conducted a
survey on campus. The gender of the student is an example of a ________
variable.

48) The Dean of Students conducted a
survey on campus. Class designation (Freshman, Sophomore, Junior, Senior) is an
example of a ________ variable.

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