Explain the difference between a frequency polygon and a scatterplot, including when to use each.
What will be an ideal response?
A frequency polygon is used to summarize the distribution of a single quantitative variable. You can also layer multiple lines on top of each other to compare the distributions to each other. A scatterplot is used to compare two variables directly to one another, with each point in the plot representing a single case – they can also be used with a mix of qualitative and quantitative variables. Frequency polygons are most useful when you want to compare two quantitative distributions. Scatterplots are most useful when you want to compare two variables where every case has values for both variables.
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A winning formula for many ________ brands is craftsmanship, heritage, authenticity, and history, often critical to justifying a sometimes extravagant price
A) design B) nondurable C) durable D) ingredient E) luxury
Like consumer markets, business markets can be segmented by demographics and loyalty
Indicate whether the statement is true or false
The Fourth Amendment to the Constitution:
A) requires a speedy trial. B) prohibits double jeopardy. C) protects against unreasonable search and seizure. D) All of these.
Rochford Corporation has provided the following data concerning last month's operations.?Purchases of raw materials$25,000?Indirect materials included in manufacturing overhead$5,000?Direct labor cost$58,000?Manufacturing overhead cost applied to Work in Process$73,000??BeginningEnding?Raw materials inventory$11,000$21,000?Work in process inventory$49,000$74,000Required:Determine the cost of goods manufactured for the month.
What will be an ideal response?