In creating solutions for business problems using predictive analytics, it is important to consider the following in identifying the right statistical analysis to perform:
A) Whether the variables (relevant for statistical analysis) are (1) dependent or independent, (2) qualitative or quantitative, and (3) the total number of variables.
B) Whether the variables (relevant for statistical analysis) are (1) dependent or independent and (2) qualitative or quantitative
C) Whether the variables (relevant for statistical analysis) are (1) dependent or independent and the total number of variables.
D) Whether the variables (relevant for statistical analysis) are (1) qualitative or quantitative and (2) the total number of variables.
Determine whether the value is a discrete random variable, continuous random variable, or not a random variable. a. The weight of a T-bone steak b. The exact time it takes to evaluate 27 + 72 c. The gender of college students d. The distance a baseball travels in the air after being hit e. The number of hits to a website in a day f. The time it takes to fly from City A to City B a. Is the weight of a T-bone steak a discrete random variable, a continuous random variable, or not a random variable? O A. It is a discrete random variable. B. It is a continuous random variable. O C. It is not a random variable b. Is the exact time it takes to evaluate 27 + 72 a discrete random variable, a continuous random variable, or not a random variable? A. It is a continuous random variable. O B. It is a discrete random variable. X C. It is not a random variable c. Is the gender of college students a discrete random variable, a continuous random variable, or not a random variable? X A. It is a continuous random variable. OB. It is a discrete random variable. *C. It is not a random variable d. Is the distance a baseball travels in the air after being hit a discrete random variable, a continuous random variable, or not a random variable? X A. It is a discrete random variable, *B. It is a continuous random variablee. Is the number of hits to a website in a day a discrete random variable, a continuous random variable, or not a random variable? A. It is a continuous random variable. *B. It is a discrete random variable. X C. It is not a random variable. f. Is the time it takes to fly from City A to City B a discrete random variable, a continuous random variable, or not a random variable? A. It is a discrete random variable, B. It is a continuous random variable O C. It is not a random variable. Question is complete. Tap on the red indicators to see incorrect answers. All parts showing