Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a clothing store is analyzing merchandise prices to make decisions on which to charge for clothing on clearance. the owner collects data on the price

a clothing store is analyzing merchandise prices to make decisions on which to charge for clothing on clearance. the owner collects data on the price value(in dollars) of articles of clothing that are on sale throughout the seasons. what type of variable and level of measurement the owner is looking at? 1. quantitative variable, ordinal variable 2. quantitative variable, ratio variable 3. variable quantitative, interval level of measurement 4. categorical variable (qualitative), nominal level of measurement

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Performance Analysis And Synthesis For Discrete-Time Stochastic Systems With Network-Enhanced Complexities

Authors: Derui Ding, Zidong Wang, Guoliang Wei

1st Edition

0429880022, 9780429880025

More Books

Students also viewed these Mathematics questions

Question

describe the key elements of work;

Answered: 1 week ago

Question

Summarize some human resource management training initiatives.

Answered: 1 week ago

Question

Summarize the training and development process.

Answered: 1 week ago

Question

Explain the concept of careers and career paths.

Answered: 1 week ago