Question

The data table below contains these variables: CUSTOMER: a unique customer ID SEARCHES: number of internet...

The data table below contains these variables:

CUSTOMER: a unique customer ID

SEARCHES: number of internet searches conducted by that customer over the last month

SWITCH: Did the customer switch to a different search engine sometime in the last month? 0 = no, 1 = yes

CUSTOMER SEARCHES SWITCH
8992 56 0
8993 2 1
8994 193 1
8995 47 0

Question 1.a. Is this a cross-section or time-series? Why?

Question 1.b. How many observations are in the data table? Explain your answer...

Question 1.c. How many labeling variables, if any, are in the data table? Identify...

Question 1.d. Is SEARCHES numeric, ordinal, or nominal? Why?

Question 1.e. Is SWITCH numeric, ordinal, or nominal? Why?

Question 1.f. What is the unit of measurement of SWITCH? Explain...

Question 1.g. What is the scaling convention of SEARCHES? Explain...

Homework Answers

Answer #1

a. This is a cross section series as it represents data at one point of time across different customers and their attributes.

b. There are 4 observations in the table, one corresponding to each customer.

c. There are 3 labeling variables in the data.. Customer, Search & Switch

d. SEARCHES is a numeric data as it contains the total number of searches conducted by each customer.

e. SWITCH is a nominal measure because it has two categories without any kind of natural order or numeric value attached to it.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A data table contains two variables. One is the 30-year fixed mortgage rate; it is measured...
A data table contains two variables. One is the 30-year fixed mortgage rate; it is measured as the best rate offered by a mortgage broker over the last 90 days. The second variable holds a column of integers, 1-40, that identify different brokers. The 40 largest mortgage brokers are included in the data table. The data will be used to understand lending practices of all mortgage brokers in the U.S. Please use the correct answer from the brackets for the...
CASE: Advertising Experiments at RestaurantGrades Shirley A. Critic is the founder of RestaurantGrades (RG), a restaurant...
CASE: Advertising Experiments at RestaurantGrades Shirley A. Critic is the founder of RestaurantGrades (RG), a restaurant review platform (similar to Yelp or TripAdvisor) with an impressive stock of online reviews written by ordinary restaurant-goers.Shirley is happy with the company’s growth and position in the industry, and has compelling evidence that RG reviews have an important influence on the restaurant choices people make. However, doubts have been raised about the efficacy of the company’s main source of revenue—selling ads to restaurants....
Leave comments on code describing what does what Objectives: 1. To introduce pointer variables and their...
Leave comments on code describing what does what Objectives: 1. To introduce pointer variables and their relationship with arrays 2. To introduce the dereferencing operator 3. To introduce the concept of dynamic memory allocation A distinction must always be made between a memory location’s address and the data stored at that location. In this lab, we will look at addresses of variables and at special variables, called pointers, which hold these addresses. The address of a variable is given by...
Read the LDC Cloud Systems Case Study and answer the question below: THE EMAIL The email...
Read the LDC Cloud Systems Case Study and answer the question below: THE EMAIL The email had been sent from one mid-level accounting manager at headquarters to another about six months earlier. The message read: Bill, here are the accounting issues I mentioned, and as you know, some of these go back a ways. The data that supports these accounts are not always clear and keep changing, and we are not sure what the correct accounting treatment is for these...
Bivariate Data & Probability After completing the calculation by hand in Q1 you can use Excel...
Bivariate Data & Probability After completing the calculation by hand in Q1 you can use Excel to check your answers before submitting. Q2 assesses your general understanding of probability and linear associations using Excel to analyse a large dataset. Question 1       Covariance and Correlation The table below shows a set of sample bivariate data. Calculate the covariance and correlation coefficient by completing the below table. Show all working. X Y (X - ) (Y - ) (X - )(Y -...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT