Compare and contrast the objective variable and abstract variables, and also briefly explain the difference between their operationalization.
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Compare and contrast the objective variable and abstract variables, and also briefly explain the difference between their operationalization.
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- How can categorical or quantitative variables relate to the real world?(a) Explain the following with application by giving the examples in your own words. Write the objectives of operational research? Write the phases of operational research? Write the drawbacks of operational research?How does analyzing data on these real-world problems aid in problem-solving and drawing conclusions? Be sure to note the value and benefits of data-driven decision-making.
- C (gross cost of UPS Inc. in billions of $) and R (gross revenue of UPS Inc. in billions of $) O E (years since 2010) and P (gross profit of UPS Inc. in billions of $) (b) Find an equation for a model of these data. (Use the first and last values in the table to calculate your equation. Round the slope and the vertical intercept to one decimal place. Note th -Select- () Give a reasonable domain and range for this model. domain O (-10, 10] O [11, 15] O -0, 0) O [0, 20] O [-2, 8] range [41.9, 47.8] O [-50, 50] [37.3, 52.3] [0, 100] O (-o, co) (d) What is the slope of your model? Explain its meaning in this situation. (Round your slope to one decimal place. Do not include units in your answer.) The slope is This means that the gross profit for UPS Inc. --Select--- by about that value in billions of dollars each year. (e) Estimate the gross profit for UPS in 2019. (Round your answer to the nearest tenth of a billion dollars. Include units in your answer. More information.) In 2019, the…How do quantitative research's strengths can contribute to the weaknesses of qualitative research?Real analysis.