Solution Manual for Essentials Of Modern Business Statistics With Microsoft Excel 8th Edition David R. Anderson

1. Statistics can be referred to as numerical facts. In a broader sense, statistics is the field of study dealing with the collection, analysis, presentation and interpretation of data. 2. a. 9 b. 4 c. Country and room rate are qualitative variables; number of rooms and the overall score are quantitative variables. d. Country is nominal; room rate is ordinal; number of rooms is ratio and overall score is interval. 3. a. Average number of rooms = 808/9 = 89.78 or approximately 90 rooms b. 2 of 9 are located in England; approximately 22% c. 4 of 9 have a room rate of $$; approximately 44% 4. a. 10 b. All brands are models of minisystems manufactured. c. Average price = 3140/10 = $314 d. $314 5. a. 5 b. Price, CD capacity, and the number of tape decks are quantitative. Sound quality and FM tuning sensitivity and selectivity are qualitative. c. Average CD capacity = 30/10 = 3. d. 7 (100) 70% 10 = e. 4 (100) 40% 10 = 6. Questions a, c, and d are quantitative. Questions b and e are qualitative.