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Exam (elaborations)

MGSC 291 Homework Questions (1)

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MGSC 291 Homework Questions (1)

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Uploaded on
August 12, 2024
Number of pages
4
Written in
2024/2025
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Exam (elaborations)
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MGSC 291 Homework Questions
length(price) - ANS-how do you find length of the "price" column?

length(price[!is.na(price)]) - ANS-how do you find how many observations have a price?

mean(points) - ANS-how do you find the average points?

mean(price,na.rm=TRUE) - ANS-how do you find average price?

mean(points[region_2=="Sonoma"]) - ANS-how do you find average points for Sonoma
considering region_2?

mean(price[region_2=="Sonoma"],na.rm=TRUE) - ANS-how do you find the average price for
Sonoma considering region_2?

time series - ANS-A marketing company requested the daily sales for each day in the past year
for all locations of Zales - cross-sectional or time series?

cross sectional - ANS-a real estate agent pulls the sales records for all similar homes sold in the
area in the past month - cross-sectional or time series?

time series - ANS-in preparation for a shareholder meeting, records were pulled for quarterly
sales over the past 5 years - cross sectional or time series?

line graph - ANS-what graph works best for - quarterly sales for Starbuck's coffee

bar graph - ANS-what graph works best for - annual sales for top 10 corporate stores

histogram - ANS-what graph works best for - annual sales for all of the 27,339 stores. you want
to show there are two modes

side by side boxplots - ANS-what graph works best for - show annual sales for the 27,339
stores broken down by corporate vs. non-corporate

scatterplot - ANS-what graph works best for - data displaying the relationship btw advertising
and dollars for all 27,339 stores

chevychev's - ANS-the histogram is skewed right. what do you use to estimate the percent of
observations within 2 standard deviations of the mean?

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