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- The question under it start with personal income is the question that need to answer until the list four . The table is the info for the questionplease also do the graph part of the question. thnkyouuuuuuuuQuestion 3 D-G I don’t see how this relatedness to previous questions. How does Thisbe relate and how do I graph it
- 10- What type of data does the data obtained by temperature measurements fall under?I. Interval dataII. Quantitative continuous dataIII. Proportional dataIV. Quantitative discrete data A) II B) I -II C) I - III - IV D) IV E) III - IIMacmillan Learning Consider the CEO of a company that sells coffee at small free standing shops around the country. The Board of Directors is considering increasing the number of locations in an effort to increase total revenue, ceteris paribus. Use the data to determine if revenue is responsive to the number of locations. Use the midpoint method to calculate percentages. Number of locations Total revenue Calculate the percentage change in locations. 2012 3000 $60 million Calculate the percentage change in total revenue. Based on the CEO's analysis, he reports to the Board that total revenue is inelastic with respect to the number of locations. total revenue is unit elastic with respect to the number of locations. total revenue is elastic with respect to the number of locations. 2013 3750 $75 million percentage change in total revenue: percentage change in locations: % %MOER The table below shows how supply and demand Price ($/gal) Demand (million of gal.) 1 1.2 790 700 1.4 640 1.6 580 1.95 497 2.2 450 2.4 430 2.6 420 2.8 390 3 360 Note: there is some randomization in the above data to account for price fluctuations. Make sure to check that you input the correct data in your device. Perform the following work • Assume that Supply has a quadratic relationship with the price. Find this relationship (the help buttons contain an article to compute trend-lines in Excel): -21.935p² + 207.365p+339.085 Round your answer to 3 decimal places S(p) ● D(p): = 1.53 • Assume that the Demand has a quadratic relationship with the price. Find this relationship (the help button links to an article to compute trend-lines in Excel): 85.561p² - 543.789p + 1236.729 Round your answer to 3 decimal places Video Solve | Sn... of gasoliine vary depending on the price: Supply (million of gal.) 511 550 600 641 660 680 700 720 735 786 605 - • Use the trendlines to find the price…
- Table 3 below shows a data set comprising the total revenue generated by a different department in an organization over one year. A- Describe how a set of data can be represented in graphical form as frequency polygon. Table 3 Department Particle board Plywood Furnishing Paints Revenue 1000 1500 2000 5500Answer plzz with details explaintion....1. math of interest. please solve correctly
- This is for exercises. a. Interpret the data.What is the lowest level of measurement for the data where the mode could bedetermined?A. NominalB. OrdinalC. IntervalD. Ratio Consider a data set of 11 distinct measurements with mean equal to A and median equalto B. If the highest value was decreased to a value smaller than the median B, how wouldthe mean and median be affected?A. The mean and median will both decrease.B. The mean and median will not change.C. The mean will not change and the median will decrease.D. The mean will decrease and the median will not change. What is one distinction between a parameter and a statistic?A. A parameter is only based on conceptual measurements, but a statistic is basedon a combination of real and conceptual measurements.B. A statistic changes every time you try to measure it (using different samples), but aparameter remains fixed.C. A parameter changes each time you try to measure it, but a statistic remains fixedacross samples.D. The true value of a statistic can never be known but the true…n one sentence, what does it mean for an estimator to be consistent? (Hint: you do not need to state the formal definition of consistency)