100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.6 TrustPilot
logo-home
Class notes

economics in marketing

Rating
-
Sold
-
Pages
4
Uploaded on
10-02-2021
Written in
2020/2021

the economics module for marketing

Institution
Course

Content preview

Lecture 3 - organizing and presenting data

● Data classification
● Frequency histograms
● Relative frequency
● Cumulative frequency charts


Classifying data general rules:
1. Find the largest and smallest numbers in the data, and thus find the range, which is
the difference between the largest and smallest number.
2. Divide the range into a convenient number of classes. - easier when classes are
equal sizes and usually between 5 to 15 classes
3. Find the number of observations in each class, can be done in tally systems.

Types of variable:
qualitative (categorical)
Quantitative (measurement) - (then can also be
divided into) discrete and continuous.

Discrete can not have decimal places. - how
many people in a room

Continuous data can have D places. - how long
a phone call is.




Continuous variable: example. Length of phone calls




What proportion? Relative frequency = frequency / sample size

Written for

Institution
Study
Course

Document information

Uploaded on
February 10, 2021
Number of pages
4
Written in
2020/2021
Type
Class notes
Professor(s)
Abraham brown
Contains
All classes

Subjects

$14.41
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
fionacarruthers

Get to know the seller

Seller avatar
fionacarruthers
Follow You need to be logged in order to follow users or courses
Sold
-
Member since
5 year
Number of followers
0
Documents
2
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Trending documents

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions