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Author Question: Categorical data a. indicate either how much or how many. b. cannot be numeric c. are labels ... (Read 141 times)

jjjetplane

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on: Jun 24, 2018
Categorical data
 a. indicate either how much or how many.
   b. cannot be numeric
   c. are labels used to identify attributes of elements.
   d. must be nonnumeric.

Question 2

A sequence of decisions and chance outcomes that provide the optimal solution to a decision problem is called
 a. a payoff table
 b. the expected value approach
  c. a decision strategy
 d. a contingency plan


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britb2u

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Reply #1 on: Jun 24, 2018
Answer to Question 1

c

Answer to Question 2

c


jjjetplane

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Reply 2 on: Jun 24, 2018
Excellent

robbielu01

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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