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A Data Set Has 200 Observations

question 129

Essay

A data set has 200 observations. In the data, a qualitative variable's highest value is "extremely satisfied" and its lowest value is "extremely dissatisfied." What is the minimum class interval that you would recommend?


Definitions:

Governmental Regulatory Agencies

Official organizations responsible for creating and enforcing rules and regulations to protect public interest in various sectors such as finance, health, and the environment.

Benchmarking

A process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

Supply Chain

The network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Improved Quality

The enhancement or upgrading of a product’s, service’s, or process’s features, performance, or reliability to meet or exceed customer expectations.

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