Applied Statistical Methods - Answers

Running head: Applied Statistical Methods
Applied Statistical Methods
Name of the university
Name of the student

2Applied Statistical Methods
Table of Contents
Q1...............................................................................................................................................3
Q2...............................................................................................................................................3
Q3...............................................................................................................................................3
Q4...............................................................................................................................................3
Q5...............................................................................................................................................3
Q6...............................................................................................................................................3
References:.................................................................................................................................4

3Applied Statistical Methods
Q1.
This is an example of descriptive statistics.
Q2.
80th percentile means that 80 % of the scores are less than the mentioned score. Or in other
words 80th percentile is the smallest score that is greater than 80% of the other scores.
Q3.
In a company, where salary of an employee increases with increase in time with the
company; time spent with the company is the independent variable and salary is the
dependent variable.
Q4.
a. Rating of the quality of a movie on a 7-point scale – Qualitative
b. Age – Quantitative
c. Country you were born in – Qualitative
d. Favorite Color – Qualitative
e. Time to respond to a question – Quantitative
Q5.
a. Rating of the quality of a movie on a 7-point – Ordinal
b. Age – Ratio
c. Country you were born – Nominal
d. Favorite Color – Nominal
e. Time to respond to a question – Interval
Q6.
a. Negative Skew
c. Positive Skew

4Applied Statistical Methods
References:
Berenson, M., Levine, D., Szabat, K.A. and Krehbiel, T.C., 2014. Basic business statistics:
Concepts and applications. Pearson higher education AU.
Siegel, A., 2016. Practical business statistics. Academic Press.