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The following information regarding the top eight Fortune 500 companies was presented in an issue of ...

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The following information regarding the top eight Fortune 500 companies was presented in an issue of ...

The following information regarding the top eight Fortune 500 companies was presented in an issue of Fortune Magazine.

	Sales $ Millions	Sales Rank	Profits $ Millions	Profits Rank
Company	Sales $ Millions	Sales Rank	Profits $ Millions	Profits Rank
General Motors	161,315	1	2,956	30
Ford Motor	144,416	2	22,071	2
Wal-Mart Stores	139,208	3	4,430	14
Exxon	100,697	4	6,370	5
General Electric	100,469	5	9,269	3
Int'l Business Machines	81,667	6	6,328	6
Citigroup	76,431	7	5,807	8
Philip Morris	57,813	8	5,372	9
Boeing	56,154	9	1,120	82
AT&T	53,588	10	6,398	4

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 variables?
e.	What measurement scale is used for each variable?

Textbook

Essentials of Statistics for Business and Economics

Edition: 7^th

Authors: Anderson, Sweeney, Williams, Camm, Cochran

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Brilliant ツ

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Thank you, thank you, thank you!

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This helped my grade so much Perfect

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