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Is there a relationship between box office sales and the associated box office budget (total amount available to spend making the picture)? Would you
Is there a relationship between box office sales and the associated box office budget (total amount available to spend making the picture)? Would you expect movies with large budgets to result in large box office revenues? The variable "box office sales": a. Is it qualitative or quantitative? quantitative b. Is it discrete or continuous? continuous c. What is its level of measurement? ratio For the following questions, would you collect information using a sample or a population? a. Statistics 201 is a course taught at a college. Professor K. Khan has taught nearly 1500 students in the course over the past five years. You would like to know the average grade for the course. population b. As part of a research project, you need to report the average profitability of the number one corporation in the Fortune 500 for the past 10 years. sample c. You are looking forward to graduation and your first job as a salesperson for one of the large pharmaceutical corporations. Planning for your interviews, you will need to know about each company's mission statement, profitability, products, and markets. sample d. You are shopping for a new MP3 player, such as the Apple iPod. The manufacturers advertise the number of music tracks that can be stored in the memory. Usually, the advertisers assume relatively short, popular music to estimate the number of tracks that can be stored. You, however, like tunes from Broadway musicals, and they are of much longer duration. You would like to estimate how many Broadway tunes will fit on your MP3 player. population
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