/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q. R1.1 Who buys cars? A car dealer keep... [FREE SOLUTION] | ÷ÈÓ°Ö±²¥

÷ÈÓ°Ö±²¥

Who buys cars? A car dealer keeps records on car buyers for future marketing purposes. The table gives information on the last 4 buyers.

Part (a). Identify the individuals in this data set.

Part (b). What variables were measured? Classify each as categorical or quantitative.

Short Answer

Expert verified

Part (a) P.smith, K. Ewint, L. Shipman, and S. Reice were the four buyers.

Part (b)

Variables include zip code, gender, distance from dealer, car model, model year, and price.

Zip code, gender, car model, and model year are categorical variables.

Quantitative variables include: Price, buyer's distance from the dealer

Step by step solution

01

Part (a) Step 1. Given information

A car dealer keeps records on car buyers for future marketing purposes. The table gives information on the last 4 buyers

02

Part (a) Step 2. The people in this data set

Individuals are the objects described by the data set.

In this case, the four buyers are P. Smith, K. Ewint, L Shipman, and S. Reice.

As a result:

P.smith, K. Ewint, L. Shipman, and S. Reice were the four buyers.

03

Part (b) Step 1. Classify each as categorical or quantitative. 

The varbles are the topics that have been researched.

In this case, the variables are all table column titles (except the Buyer's, which represent individuals, see part (a)).

Variables Gender, Zip code Buyer's proximity to the dealer, Car model, Model year, and Price.

Categorical/qualitative variables categorise individuals, whereas quantitative variables are numerical variables.

Zip code: Categorical, because there are only a limited number of zip codes, allowing us to list all of them. Furthermore, the numbers in zip codes have no meaning and should not be treated as numerical variables.

Gender: Categorical, because there are two possible categories: male (M) and female (F) (F).

Buyer's distance from dealer: Quantitative, because distances are numerical, and there are an infinite number of possible distances, so we cannot list all possible distances.

Car model: Categorical, because car models are names and do not only contain numerical values.

Model year: Categorical, because, despite the fact that the model years are numerical, we can list all possible model years for the cars, and thus each model year represents its own category.

Price: Quantitative, because prices are numerical and there are an infinite number of possible prices; therefore, we cannot list all possible prices.

As a results:

Variables include zip code, gender, distance from dealer, car model, model year, and price.

Zip code, gender, car model, and model year are categorical variables.

Quantitative variables include: Price, buyer's distance from the dealer

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with ÷ÈÓ°Ö±²¥!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Birthrates in Africa One of the important factors in determining population growth rates is the birthrate per 1000 individuals in a population. The dotplot shows the birthrates per 1000 individuals (rounded to the nearest whole number) for 54 African nations.

(a) Find the median.

(b) Without doing any calculations, explain how the mean and median compare.

Carbon dioxide emissions Burning fuels in power plants and motor vehicles emits carbon dioxide (CO2 ), which contributes to global warming. The table displays CO2 emissions per person from countries with populations of at least 20 million. 30

Part (a). Make a histogram of the data using intervals of width 2, starting at 0.

Part (b). Describe the shape of the distribution. Which countries appear to be outliers

Returns on common stocks The return on a stock is the change in its market price plus Page Number: 51 any dividend payments made. Return is usually expressed as a percent of the beginning price. The figure shows a histogram of the distribution of monthly returns for the U.S. stock market over a 273-month period.

Part (a). Describe the overall shape of the distribution of monthly returns.

Part (b). What is the approximate center of this distribution?

Part (c). Explain why you cannot find the exact value for the minimum return. Between what two values does it lie?

Part (d). A return less than 0 means that stocks lost value in that month. About what percent of all months had returns less than 0?

. Which of the following is the best reason for choosing a stemplot rather than a histogram to display the distribution of a quantitative variable?

a. Stemplots allow you to split stems; histograms don’t.

b. Stemplots allow you to see the values of individual observations.

c. Stemplots are better for displaying very large sets of data.

d. Stemplots never require rounding of values.

e. Stemplots make it easier to determine the shape of a distribution.

Protecting woodWhat measures can be taken, especially when restoring historic wooden buildings, to help wood surfaces resist weathering? In a study of this question, researchers prepared wooden panels and then exposed them to the weather. Some of the variables recorded were type of wood (yellow poplar, pine, cedar); type of water repellent (solvent based, water-based); paint thickness (millimeters); paint color (white, gray, light blue); weathering time (months). Classify each variable as categorical or quantitative.

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.