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tls043 tls043
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A year ago

The following information regarding the ten richest Americans was reported in a recent issue of Forbes.
 


 

Name

Ranking

Worth
($Billions)

Age

Marital Status

Source

Gates, William

1

72.0

51

married

Microsoft

Buffett, Warren

2

52.0

77

married

Berkshire Hathaway

Adelson, Sheldon

3

28.0

74

married

casinos, hotels

Ellison, L. J.

4

26.0

63

married

Oracle

Brin, Sergey

5

18.5

34

married

Google

Page, Larry

5

18.5

34

single

Google

Kerkorian, Kirk

7

18.0

90

divorced

investments, casinos

Dell, Michael

8

17.2

42

married

Dell

Koch, Charles

9

17.0

71

married

oil, commodities

Koch, David

9

17.0

67

married

oil, commodities


 

a.

How many elements are in the above data set?

b.

How many variables are in this data set?

c.

How many observations are in this data set?

d.

Which variables are categorical and which are quantitative?

e.

What measurement scale is used for each variable?

Textbook 
Essentials of Statistics for Business and Economics

Essentials of Statistics for Business and Economics


Edition: 7th
Authors:
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iammtziammtz
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A year ago
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