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velikii [3]
3 years ago
15

One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card u

sed (VISA, MasterCard, American Express, or Discover), and (2) the amount (in dollars) of each purchase. Identify the level of each variable measured.
Business
1 answer:
Sergeeva-Olga [200]3 years ago
3 0

The level of each variable measured is (1)  the type of credit card is Nominal variable or a categorical variable which comes under multiple categories.(2) the amount (in dollars) of each purchase is ration variable it can have both discrete it starts at a fixed zero point.

Explanation:

  • There are four levels of measurement, while analyzing data of columns.
  • Nominal,Ordinal, Interval and ratio.
  • Nominal each row of that particular column has specific identification.
  • Nominal can have classification race,gender,ethnicity.
  • Ordinal data is based on the ranking system, order or list.
  • Numbers are still used arbitrary.
  • Interval distance between the numbers Celsius,Fahrenheit and kelvin.
  • Ratio data has an absolute zero point non-arbitrary, It is measuring .
  • Blood pressure is a common example of ratio data.
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Identify each person's status as employed, unemployed, "not in the labor force"
Ede4ka [16]

Answer:

Explanation:

a. "not in the labor force" since she is neither working or looking for a job and instead is studying

b. "employed", currently works as a tennis coach

c. "unemployed", she does not have a paying job yet but is looking for one

d. "not in the labor force", does not have a job and is not looking for one at the current moment in his life.

5 0
2 years ago
Anne LLC purchased computer equipment (five-year property) on August 29 for $30,000 and used the half-year convention to depreci
notsponge [240]

Answer:

$1,728

Explanation:

To reach maximum depreciation expense we simply first compute the depreciation which is shown below:-

Depreciation = Purchased computer × Depreciation Rate

= $30,000 × 11.52%

= $3,456

Refer to the MACRS Table 1

Maximum depreciation expense = Depreciation × Half year convention

= $3,456 × 50%

= $1,728

Here we considered half year convention of equipment.

6 0
3 years ago
The annual percentage yield (apy) is the
tia_tia [17]
Annual interest rate that factors in compounding effects.

Formula: APY = ( 1 + APR/n )^n - 1
4 0
3 years ago
Read 2 more answers
Which of the following marketing variables is concerned with design, quality, and packaging? O A. Promotion O B. Place O C. Pric
Gala2k [10]

Answer:

promotiopeicen

Explanation:

product

8 0
2 years ago
An asset has had an arithmetic return of 10.3 percent and a geometric return of 8.3 percent over the last 90 years. What return
Art [367]

Answer:

Blume's formula combines the geometric and arithmetic means of an asset to be able to predict its returns in a given period.

The formula is;

<em>= Geometric Mean*(T-1)/(N-1) + Arithmatic Mean *(N-T)/(N-1) </em>

Where;

T = Period in question

N = Total period

10 years

= 8.3%*(10-1)/(90-1) + 10.3%*(90-10)/(90-1)

= 10.1 %

25 years

= 8.3%*(25-1)/(90-1) + 10.3%*(90-25)/(90-1)

= 9.76%

30 years

= 8.3%*(30-1)/(90-1) + 10.3%*(90-30)/(90-1)

= 9.65%

4 0
3 years ago
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