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lutik1710 [3]
2 years ago
14

Discuss the four dimensions of statistical reasoning / thinking used in statistical inquiry.

Business
1 answer:
Studentka2010 [4]2 years ago
5 0

The four dimensions of statistical thinking, according to Wild & Pfannkuch  are an investigative cycle, styles of thinking, an interrogative cycle, and dispositions. The four dimensions are simultaneously active within the thinker and incorporate both general and specific statistical thinking tendencies. Describe the four statistical reasoning/thinking dimensions that are used in statistical investigation.

* Give and describe a concrete example of how the four-step method was applied in a managerial decision-making process. Please apply the four dimensions of statistical reasoning from Wild and Pfankuch .

* Why is having a representative sample rather than a random sample not more crucial for drawing accurate conclusions about a diverse population?

Is the due date for your task approaching? It is simple! Please fill out the order form with your instructions. All of our authors have advanced degrees in their.

Learn more about The four dimensions of statistical thinking here.

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Your seller wants to net $100,000 after the 5ommission is paid. assuming no closing costs, at what price does the home need to s
Murljashka [212]

$105,263.16

The seller's percentage of a sale is 100% - 5% commission = 95% (or .95). Take the amount the seller wants to net and divide it by that amount ($100,000 ÷ .95 = $105,263.16). Conversely, for a sales price of $105,263.16: $105,263.16 × .95 = $100,000.

the sales price is the discounted price at which goods or services are sold. This price is typically offered for a limited time and is typically used to promote sales during a recession or sell excess inventory. Discounts are advertised as a percentage of the regular list price.

Although the two are interchangeable, the sale price is usually used when the sale results in a lower than normal price for an item. Discounted prices on items compared to regular retail prices. According to the Business Dictionary, selling price is an "alternative term for price."

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4 0
2 years ago
The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.
dezoksy [38]
Why should i ever care just kidding 
6 0
3 years ago
A current liability is a debt that is reasonably expected to be paid a. out of cash currently on hand b. within one year c. out
ELEN [110]

Answer: within one year

Explanation:

Current liabilities are the liabilities that are incurred by a firm and must be settled within a year.

Typically, the current liabilities are settled by using the current assets. Examples of current liabilities are the accounts payable, noted payable, dividends and the short-term debt.

4 0
3 years ago
In a Fox News Poll conducted in October 2011, 904 registered voters nationwide answered the following question: "Do you think il
fiasKO [112]

Answer:

The correct answer is Option B .

Explanation:

As per the data given in the question,

Eligible for legal citizenship = 63%

Error = 3%

Level of confidence = 95%

Here, the CI is 63% ± 3% , which means 60% to 66%  and this indicates that with 95% confidence, the true proportion lies between this interval  

This is shown by option B  

Hence, option B is correct answer

8 0
3 years ago
Annual inspections and planned maintenance for automotive lifts have been required in American National Safety Standards since 1
Sunny_sXe [5.5K]
If this helps make me the brainiest please!!

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Read 2 more answers
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