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Information Regarding the Ten Richest Americans
Information Regarding the Ten Richest Americans
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Order Number |
06864537683 |
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Type of Project |
ESSAY |
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Writer Level |
PHD VERIFIED |
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Format |
APA |
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Academic Sources |
10 |
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Page Count |
3-12 PAGES |
Instructions/Descriptions
Information Regarding the Ten Richest Americans
Question 1
The following information regarding the ten richest Americans was reported in a recent issue of Forbes.
- How does the textbook define “element?” Name the elements in the above data set.
- How does the textbook define “variable?” Name the variables in this data set.
- How does the textbook define “observation?” Name TWO observations in this data set.
- Explain why rank, even though it is a number, is NOT a quantitative variable.
- Which variables are quantitative?
Question 2 A sample of the ages of 10 employees of a company is shown below.
20 30 30 30 50 30 30 30 20 40
- What is a dot plot?
- If this set of data were going to be used to make a dot plot, what variable would be on the x axis? Why? What variable would be on the y axis? Why?
- If you were going to make a dot plot, what would the title be? Remember that titles show relationships between both variables.
- Using a method of your choosing, construct a dot plot for the above data which includes a proper title and axis labels.
Question 3 The following data shows the price of PAO, Inc. stock over the last eight months.
| Month | Price ($) |
| 1 | 1.82 |
| 2 | 1.85 |
| 3 | 1.86 |
| 4 | 1.91 |
| 5 | 1.97 |
| 6 | 2.00 |
| 7 | 2.01 |
| 8 | 2.08 |
- Develop a scatter diagram and draw a trend line through the points. Remember everything that was said about titles, axes labels etc. in the previous question.
- What kind of relationship exists between stock price and time (negative, positive, or no relation)? How do you know?
| Grading Criteria Assignments | Maximum Points | ||||||||||||||||||||||||||||||
| Meets or exceeds established assignment criteria | 40 | ||||||||||||||||||||||||||||||
| Demonstrates an understanding of lesson concepts | 20 | ||||||||||||||||||||||||||||||
| Clearly presents well-reasoned ideas and concepts | 30 | ||||||||||||||||||||||||||||||
| Uses proper mechanics, punctuation, sentence structure, and spelling | 10 | ||||||||||||||||||||||||||||||
| Total | 100
Information Regarding the Ten Richest Americans Question 1 The following information regarding the ten richest Americans was reported in a recent issue of Forbes.
Question 2 A sample of the ages of 10 employees of a company is shown below. 20 30 30 30 50 30 30 30 20 40
Question 3 The following data shows the price of PAO, Inc. stock over the last eight months.
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Information Regarding the Ten Richest Americans
