Concept explainers
One of the variables most often included in surveys is income. Sometimes the question is phrased “what is your income (in thousands of dollars)?� in other surveys the respondent is asked to “Select the circle corresponding to your income level� and is given a number of income
a. In the first format, explain why income might be considered either discrete or continuous.
b. Which of these two formats would you prefer to use if you were conducting a survey? Why?
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Check out a sample textbook solutionChapter 1 Solutions
Basic Business Statistics, Student Value Edition (13th Edition)
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Statistics for Business and Economics (13th Edition)
Elementary Statistics
Statistics: Informed Decisions Using Data (5th Edition)
Statistics: The Art and Science of Learning from Data (4th Edition)
Elementary Statistics Using The Ti-83/84 Plus Calculator, Books A La Carte Edition (5th Edition)
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