2. Identify the type of scale of measurement (nominal, ordinal, interval or ratio) appropriate for each of the following types of data.
a. Star ratings of hotels
b. Sales revenues of companies
c. Grades of officers in armed forces
d. House numbers in a street
e. Prices of cars
f. Classes of accommodation on passenger flights
g. Passport numbers
h. Numbers in a rating scale on a questionnaire
i. Index numbers
Answers: 2
Business, 21.06.2019 14:20, demetriascott20
Xt year baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. this incentive will be provided in addition to the annual raise, if productivity goals are reached. assuming the goals are reached, how much will baldwin pay its employees per hour?
Answers: 2
Business, 22.06.2019 00:20, randallmatthew6124
Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.
Answers: 1
Business, 22.06.2019 22:00, tynyiaawrightt
Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases. b. the equilibrium wage increases and the equilibrium quantity of labor decreases. c. the equilibrium wage decreases and the equilibrium quantity of labor increases. d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.
Answers: 2
2. Identify the type of scale of measurement (nominal, ordinal, interval or ratio) appropriate for e...
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