The following information regarding the top eight Fortune 500 companies was presented in an issue of Fortune Magazine.
a.How many elements are in the above data set?
b.How many variables are in this data set?
c.How many observations are in this data set?
d.Which variables are categorical and which are quantitative variables?
e.What measurement scale is used for each variable?
Definitions:
Cultural Beliefs
The shared beliefs and values held by a group of people that influence behaviors, traditions, and rituals within their community.
Western Medicine
A system of medicine that is based on the principles of science and the use of medications, surgery, and other treatments to diagnose and cure diseases.
Practitioners' Accuracy
The extent to which healthcare professionals correctly diagnose and treat diseases or conditions based on symptoms and tests.
Pill Cap Microprocessor
A technology used in medication caps that tracks when a medication is taken and can remind patients about their medication schedules through digital means.
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