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NARRBEGIN: Internet Classes
Internet Classes
A survey of 25 students was conducted to determine how they rate the quality of Internet classes. Students were asked to rate the overall quality from 0 (no quality at all) to 100 (extremely good quality). The stem-and-leaf display of the data is shown below. NARREND
-If two nominal variables are unrelated, the patterns exhibited in their corresponding pie charts should be approximately the same. If a relationship exists, then some pie charts will differ from others.
Linear
A relationship or function that can be graphically represented in two dimensions by a straight line.
Consumer Utility
A measure of satisfaction or happiness that consumers derive from consuming goods and services.
Budget Line
A graphical representation of all possible combinations of two goods that an individual can afford with their limited budget at set prices.
Indifference Curves
Graphical representations showing combinations of two goods that provide an individual with the same level of satisfaction, indicating preferences without implying superiority.
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