Question: A recent issue of Fortune Magazine reported that the following companies had the lowest sales per employee among the Fortune 500 companies.

Company Sales per Employee ($1000s) Sales Rank

Seagate Technology $42.20 285

SSMC 42.19 414

Russell 41.99 480

Maxxam 40.88 485

Dibrell Brothers 22.56 470

a. How many elements are in the above data set?

b. How many variables are in the above data set?

c. How many observations are in the above data set?

d. Name the scale of measurement for each of the variables.

e. Name the variables and indicate whether they are qualitative or quantitative.