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The following data represent the number of flash drives sold per day at a local computer shop and their prices.
a.Perform an F test and determine if the price and the number of flash drives sold are related. Let = 0.01.
b.Perform a t test and determine if the price and the number of flash drives sold are related. Let = 0.01.
Transitive
In logic and mathematics, transitive refers to a relation where if it applies between successive pairs in a sequence, it also applies between any two members taken in order. For example, if A is larger than B, and B is larger than C, then A is larger than C.
Preferences
Indications of the choices or selections made by individuals or groups based on tastes, likes, or desires, often influencing decision-making.
Condorcet Voting Paradox
A situation in social choice theory where collective preferences can be cyclic (i.e., not transitive), even if the individual preferences of voters are not.
Transitivity
In decision theory, the principle that if preference A is greater than B, and B is greater than C, then A is greater than C.
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