Debbie Homer

University of Phoenix
Rudy White
August 1, 2012
Kenya Crocken-Waugh

A quantity representing production over a certain time period, compared to the production of a previous alike time period. A quantity is representing production whether you pour steel, occupy personnel, write books or design websites you do mostthing. You produce something. A statistic is, in part, a number that tracks such production. (Charlie Pabst)
The four levels of criterion are nominal, ordinal number, interval, and ratio one would use nominal level in the case with apartment numbers, 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 measurement.
In the ordinal level, the numbers are used to show differences in order. In a marathon, the finishing position numbers use the ordinal level of measurement. The person who came in first used less(prenominal) time than the person who came 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 manager or entrepreneur decides to disseminate a business it is important for him or her to use statistical information to make business decisions. This information volition help him or her to determine were to capable their business this information will also help them to understand if it would be profitable for them to open their business in a certain location.
Companies and some political sympathies agencies use graphs to determine the statistical status of their business, and the overview of the government agencies. season using these graphs in government it can determine how oftentimes support can 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 full essay, order it on our website: Orderessay



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