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melamori03 [73]
1 year ago
7

According to climate data recorded since 1884, the average annual snowfall in philadelphia is 22.3 inches. this value is an exam

ple of ________.
Business
1 answer:
Anvisha [2.4K]1 year ago
6 0

Since 1884, climate records have been kept, and they show that Philadelphia experiences an average yearly snowfall of 22.3 inches. An illustration of descriptive statistics is this value.

<h3>What is descriptive statistics in statistics?</h3>

The fundamental characteristics of a dataset identified in a particular study are described, illustrated, and summarized using descriptive statistics. The summary provides details on the data sample and its measurements. Analysts will understand the data more readily as a result.

<h3>What can we conclude from descriptive statistics?</h3>

The features and value distribution of one or more datasets are summarized using descriptive statistics. The central tendency and degree of value dispersion in datasets can be quickly viewed by analysts using the traditional descriptive statistics.

Learn more about descriptive statistics: brainly.com/question/13335435

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The case study method is most effective in:A. Proving out theoryB. Narrowing the gap between theory and practiceC. Simulating re
tino4ka555 [31]

Answer:

Letter B is correct. <u>Narrowing the gap between theory and practice.</u>

Explanation:

Case study is an investigative methodological approach applied to simple or applied social sciences. It is carried out through the use of different qualitative methods for the collection of data and information relevant to the foundation of the research. The qualitative method is the most appropriate in a case study, as it occurs through subjective and not substantially statistical means of in-depth analysis of relevant factors in an event, an individual, an institution, a group and others.

Case studies can be classified as:

  • exploratory,
  • descriptive, or
  • explanatory.

So it is correct to state that the purpose of the case study is to reduce the difference between theory and practice. Because the analysis of the information collected and the variables and patterns found will provide subsidies for the discussion and better understanding and reasoning between what happens between the theory and the practice analyzed in the case study.

3 0
2 years ago
Sheffield Realty Corporation purchased a tract of unimproved land for $115,500. This land was improved and subdivided into build
monitta

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
4 0
3 years ago
Types of Economic Data For each of the following e whether the data are cross-section, time series or panel data. (a) Quarterly
Nitella [24]

Answer:

A. Time series

B. Cross Sectional

C. Panel

D.  Cross Sectional

Explanation:

(a) Quarterly data on the level of U.S. new housing construction from 2000 to 2018, Time series data, numerical

(b) Data on number of doctor visits in 2018 for a sample of 192 individuals. Cross sectional data, numerical

(c) Data on annual health expenditures for each U.S. state from 2000 to 2018. Panel Data, Numerical

(d) Data on usual mode of transportation used to commute to work for a sample of 151 individuals. Categorical

3 0
2 years ago
When Fisher-Price comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke
Dmitriy789 [7]

Answer:

The correct answer is Product Development Stage.

Explanation:

If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.

6 0
3 years ago
Vaughn Manufacturing has two divisions; Sporting Goods and Sports Gear. The sales mix is 75% for Sporting Goods and 25% for Spor
Cerrena [4.2K]

Answer:

The correct answer is 35%.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the Weighted average contribution margin ratio by using following formula:

weighted-average contribution margin ratio =  (Contribution margin ratio × Sales of sporting goods) + (Contribution margin ratio × Sales of sporting gears)

= ( 30 × 75% ) + ( 50 × 25%)

= 22.5% + 12.5%

= 35%

3 0
3 years ago
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