using the convenience store example, which of the following classifications would you use for : number...
using the convenience store example, which of the following classifications would you use for : number of items purchased? Nominal ordinal discrete
Homework Answers
The number of items purchased takes numerical values which have
specific meaning, hence they comes under "discrete data
type"
.
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using the convenience store example, which of the following
classifications would you use for : number...
Complete the following tasks: a. Develop a use case diagram for a convenience food store. Include...
Complete the following tasks: a. Develop a use case diagram for a convenience food store. Include an actor representing the store manager and use cases for orderItem(), stockItem(), and sellItem(). b. Add more use cases to the diagram you created in Exercise 1a. Include two generalizations for stockItem() called stockPerishable() and stockNonPerishable(). Also include an extension to sellItem() called checkCredit() for cases in which a customer purchases items using a credit card. c. Add a customer actor to the use...
Which of the following statements regarding “convenience” products is true? The term “convenience products” refers to...
Which of the following statements regarding “convenience” products is true? The term “convenience products” refers to those items that are sold only in convenience stores. O Convenience items are relatively inexpensive, and typically are purchased frequently. O Marketers of convenience items should strive to gain exclusive distribution for these items. O All of the above are true.
(1 point) You are interested in finding out the mean number of customers entering a 24-hour convenience store every 10-...
(1 point) You are interested in finding out the mean number of customers entering a 24-hour convenience store every 10-minutes. You suspect this can be modeled by the Poisson distribution with a a mean of = 3.59 customers. You are to randomly pick n = 57 10-minute time frames, and observe the number of customers who enter the convenience store in each. After which, you are to average the 57 counts you have. That is, compute the value of X...
3. Determine which sampling (simple random, stratified, cluster, systematic, or convenience) is used in the following...
3. Determine which sampling (simple random, stratified, cluster, systematic, or convenience) is used in the following situation: a. If we have a population of 100 elements and we want a sample of 50 elements, first of all, we establish the selection interval that will be equal to 5. If we choose the first element, randomly taking a number between 1 and 5, and, at from it we obtain the remaining elements of the sample. 8. Identify if the following situation...
1.You and a partner are considering the purchase of a convenience store. The store has annual...
1.You and a partner are considering the purchase of a convenience store. The store has annual sales of $500,000 and is paying annual payroll of $100,000. The cost of goods sold every year is $150,000. The firm has miscellaneous expenses (taxes, insurance, garbage, electricity, natural gas, security, maintenance, property taxes, training, advertising, accounting fees, bank charges, etc.) of roughly $68,000 per year. If depreciation is equal to $16,054 per year what is the Earnings before taxes? 2.Suppose you conduct a...
Which of the following would be an example of an ordinal level of measurement? a letter...
Which of the following would be an example of an ordinal level of measurement? a letter grade on an exam gender income in dollars temperature measured in degrees Celsius
Assume the following cash flows for a convenience store project you are considering, the initial outflow...
Assume the following cash flows for a convenience store project you are considering, the initial outflow is $657,338 followed by ten operating cash flows $123,550 in years 1 to 10. You will also receive a terminal cash flow of $438,500 also at year 10. Compute the Payback of the project given an interest rate of 12%.
**Using C Language** Get a number from the user and use that number for loops and...
**Using C Language** Get a number from the user and use that number for loops and to make some calculations. Get a number from the user (n) (For example if the user enters a 3, each loop below will repeat 3 times) //ask, get, and return an integer (by reference) void GetIntPointer(int *numPtr); //input: the number entered by the user (pass by copy) //Calculates the product of the first (n)numbers using a while loop and store the result in *productPtr...
In each of the following, determine which of the four levels/scales of measurement (nominal, ordinal, interval,...
In each of the following, determine which of the four levels/scales of measurement (nominal, ordinal, interval, ratio) is most appropriate. Salaries of beginning insurance agents. Survey responses of: “Strongly agree, agree, disagree, strongly disagree.” Visa credit card numbers. Nationalities of students in a survey. Times required to lubricate a car at a garage The daily ‘low temperature’ for the last month in your town. Telephone area codes. Consumer Reports hotel ratings of one, two, three or four stars. [8 marks]...
You are looking to promote one of three leaders into district manager position for a convenience...
You are looking to promote one of three leaders into district manager position for a convenience store chain. The district manager will oversee 10 different gas/convenience stores. All three candidates were assessed using the Leadership Grid. Candidate A was assessed as a 1,1 leader; candidate B was a 5,5 leader; and candidate C a 9,9 leader. Which candidate would you promote into the district manager position, and why?
Which of the following statements regarding “convenience” products is true? The term “convenience products” refers to those items that are sold only in convenience stores. O Convenience items are relatively inexpensive, and typically are purchased frequently. O Marketers of convenience items should strive to gain exclusive distribution for these items. O All of the above are true.
(1 point) You are interested in finding out the mean number of customers entering a 24-hour convenience store every 10-minutes. You suspect this can be modeled by the Poisson distribution with a a mean of = 3.59 customers. You are to randomly pick n = 57 10-minute time frames, and observe the number of customers who enter the convenience store in each. After which, you are to average the 57 counts you have. That is, compute the value of X...
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