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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1874 |
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They would also focus primarily on a regional basis. Another customer, the household, would use the information on a more local basis. Their interest in this detail would be solely for household budgeting.
Since nothing will be inferred from the data collected, the type of statistics used will be descriptive statistics...
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Three different oil companies will be used to acquire the information needed. These three variables are considered nominal variables. According to Lind (2004), "a nominal level of measurement?can only be classified or counted?there is no particular order to the labels" (31-32). The oil companies will not be ranked in order of importance, the inclusion of their names will be used to document where the prices of the gas was retrieved from...
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