Debbie Homer

University of Phoenix Rudy White August 1, 2012 Kenya Crocken-Waugh A quantity incur uping yield over a certain time period, comp ard to the achievement of a previous alike time period. A quantity is representing production whether you pour steel, occupy psychenel, write books or design websites you do mostthing. You produce something. A statistic is, in part, a number that tracks such(prenominal) production. (Charlie Pabst) The four takes of criterion are nominal, ordinal number, interval, and ratio whiz would intake nominal level in the case with flatbed metrical composition, football jersey numbers, turn up peg numbers and most ID numbers. In a marathon, the rachis numbers of the runners use the nominal level of measure. In the ordinal level, the numbers are used to show differences in order. In a marathon, the terminate position numbers use the ordinal level of measurement. The person who came in first used less(prenominal) time than the person who came in second. In the interval level, identical differences between numbers represent equivalent differences between some qualities. The ratio level of measurement is like the interval level, pull out that the ratio level of measurement features a true nix point.

When a telephone line manager or entrepreneur decides to disseminate a logical argument it is important for him or her to use statistical information to make business decisions. This information volition back up him or her to keep an eye on were to capable their business this information will also assistance them to understand if it would be profit able for them to open their business in a ce! rtain location. Companies and some political sympathies agencies use graphs to construe the statistical status of their business, and the overview of the government agencies. season using these graphs in government it bottom of the inning determine how oftentimes support tin can be awarded to and certain area this funding can help with schools, highway repair, and homeownership just to name a few. Business can award bonuses to his or her employee due to the...If you neediness to get a abundant essay, order it on our website: OrderCustomPaper.com

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