Management at a Home Improvement Store Randomly Selected 120 Customers

question 83

Multiple Choice

Management at a home improvement store randomly selected 120 customers and observed their shopping habits. They recorded the number of items each of the customers purchased as well as
The total time the customers spent in the store. Identify the types of variables recorded by the
Managers of the home improvement store.

• A)number of items - continuous; total time - continuous
• B)number of items - discrete; total time - continuous
• C)number of items - discrete; total time - discrete
• D)number of items - continuous; total time - discrete

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Definitions:

Annual Profit

The total earned income of a business over one year after all expenses have been subtracted.

Normal Model

Another term for the normal distribution, highlighting its role as a foundational model in statistics for randomized data.

Policies

Formal guidelines or principles that govern actions and decisions within organizations or systems.

Independent

A term used to describe two or more events that have no influence on each other's outcomes, or variables that do not show dependence.