MA215 Business Statistic-Digital Imagery

Question Description

Digital Imagery

Question 1

The following information regarding the ten richest Americans was reported in a recent issue of Forbes.

Name	Ranking	Worth ($Billions)	Age	Marital Status	Source
Gates, William	1	72.0	51	Married	Microsoft
Buffett, Warren	2	52.0	77	Married	Berkshire Hathaway
Adelson, Sheldon	3	28.0	74	Married	Casinos, hotels
Ellison, L.J.	4	26.0	63	Married	Oracle
Brin, Sergey	5	18.5	34	Married	Google
Page, Larry	5	18.5	34	Single	Google
Kerkorian, Kirk	7	18.0	90	Divorced	Investments, casinos
Dell, Michael	8	17.2	42	Married	Dell
Koch, Charles	9	17.0	71	Married	Oil, commodities
Koch, David	9	17.0	67	Married	Oil, commodities

How many elements are in the above data set?
How many variables are in this data set?
How many observations are in this data set?
Which variables are categorical and which are quantitative?

Question 2

A sample of the ages of 10 employees of a company is shown below.

20 30 40 30 50
30 20 30 20 40

Using a method of your choosing, construct a dot plot for the above data.

Question 3

The following data shows the price of PAO, Inc. stock over the last eight months.

Develop a scatter diagram and draw a trend line through the points

.What kind of relationship exists between stock price and time (negative, positive, or no relation)?

Please note there are three questions to this assignment. Please provide original work. No plagiarizing.

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