Debbie Homer

University of Phoenix Rudy White August 1, 2012 Kenya Crocken-Waugh A quantity stageing backing over a certain time period, comp ard to the output of a previous alike time period. A quantity is representing production whether you pour steel, occupy somebodynel, write books or design websites you do mostthing. You produce something. A statistic is, in part, a number that tracks such(prenominal) production. (Charlie Pabst) The four take aims of criterion are nominal, ordinal number, interval, and ratio bingle would substance abuse nominal level in the case with flatbed poesy, football jersey numbers, turn up peg numbers and most ID numbers. In a marathon, the rachis numbers of the runners use the nominal level of measuring rod. In the ordinal level, the numbers are used to show differences in order. In a marathon, the conclusion position numbers use the ordinal level of measurement. The person who came in first used less(prenominal) time than the person who c ame in second. In the interval level, identical differences between numbers represent equivalent differences between some qualities. The ratio level of measurement is like the interval level, pull out that the ratio level of measurement features a true nix point.

When a business organization manager or entrepreneur decides to disseminate a business it is important for him or her to use statistical information to view business decisions. This information volition alleviate him or her to picture were to capable their business this information will also supporter them to understand if it would be profitabl e for them to open their business in a certa! in location. Companies and some political sympathies agencies use graphs to receive the statistical status of their business, and the overview of the government agencies. season using these graphs in government it bum determine how oftentimes support trick be awarded to and certain area this funding can help with schools, highway repair, and homeownership just to name a few. Business can award bonuses to his or her employee due to the...If you neediness to get a practiced essay, order it on our website: OrderCustomPaper.com

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