The Data on the Ranks Assigned to a Random Sample

question 38

Essay

The data on the ranks assigned to a random sample of students in a competitive exam based on scores and three different veteran statuses are given below. $$\begin{array} { l | c | c | c } \text { Name } & \text { Score } & \text { Rank } & \text { Status } \\\hline \text { Steve } & 80 & 1 & \text { DV } \\\text { Joshua } & 75 & 2 & \text { DV } \\\text { John } & 95 & 3 & \text { V } \\\text { Alex } & 90 & 4 & \text { V } \\\text { Jeff } & 85 & 5 & \text { V } \\\text { Matt } & 80 & 6 & \text { NV } \\\text { Chris } & 75 & 7 & \text { NV }\end{array}$$
a. Create a parallel-coordinates plot using XLMiner for these data. Include vertical axes for the name, score, and rank. Color the lines by the type of status.
b. According to the parallel-coordinates plot, how are disabled veterans differentiated from veterans?

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Definitions:

Prepaid Expenses

Payments made in advance for goods or services that will be received in the future.

Retained Earnings

The portion of a company's profits that is not distributed to shareholders as dividends but is instead reinvested in the business or held as a reserve.

Closing

The process of finalizing accounts at the end of an accounting period by clearing any balances and summarizing the financial activities.

Revenue Account

An account that records the income generated from a company's primary operations, such as sales of goods or services.