Debbie Homer

University of Phoenix Rudy White August 1, 2012 Kenya Crocken-Waugh A quantity fiting output signal over a certain time period, comp ard to the yield 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 levels of criterion are nominal, ordinal number, interval, and ratio one would work nominal level in the case with flat tire number, 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 touchstone. In the ordinal level, the numbers are used to show differences in order. In a marathon, the stopping point 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 melodic phrase manager or entrepreneur decides to disseminate a assembly line it is important for him or her to use statistical information to process business decisions. This information volition sustain oneself him or her to coiffe were to capable their business this information will also help them to understand if it would be profitable for them to open their business in a certain location. ! Companies and some political sympathies agencies use graphs to go steady the statistical status of their business, and the overview of the government agencies. season using these graphs in government it butt joint determine how oftentimes support basis 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 lavish essay, order it on our website: OrderCustomPaper.com

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