Case I—Terry and Associates —See page 561 of the textbook for a description of the situation and the data
Problem: Case I—Terry and Associates —See page 561 of the textbook for a description of the situation and the data on which this case is based. (10 points—5 points analysis, 5 points writing)
The data file includes 50 observations with 4 variables. Please describe the Cost and Prep variables, using the descriptive methods that you think are best suited to the data. As part of that description you should include a statement of the level of data (nominal, ordinal, interval, ratio). Make sure that the descriptive measures you suggest are appropriate for the level of data that you have. You may include appropriate graphs (be sure to explain what the graphs are telling you), but you need to copy them and paste them into your Word document; I will not go hunting for your graphs.
Deliverable: Word Document
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![[Solution Library] Case II—Terry and Associates—this is](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20150'%3E%3C/svg%3E "[Solution Library] Case II—Terry and Associates—this is the Case B")
[Solution Library] Case II—Terry and Associates—this is the Case B
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![[Solution Library] Case II—Terry and Associates—this is](/images/solutions/MC-solution-library-81380.jpg "[Solution Library] Case II—Terry and Associates—this is the Case B")
