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When there prevails a zero level of output and total cost is shown at that given point then there occurs summation of fixed cost and variable cost

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When there prevails a zero level of output and tot

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Two-tier wages came around first time in 1983. The airline industry was the first one to introduce the pay structure (Smith, 2021). The idea behind two-tier wages is that two different salaries will b...

Week 4-Short Essay
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Two-tier wages came around first time in 1983. The

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The debate about gun ownership and misuse has been prevalent in the recent past. The second amendment grants individuals the right to acquire guns through regulated measures and purposely for self-def...

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Variable Classification

Variable Classification

Q When faced with a data set, how will you determine the type of variables presented, i.e. categorical, numerical discrete or numerical continuous?

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Categorical variables normally do not have numerical form. It has values that describe labels or attributes of data, for example gender, marital status. Numerical discrete variable are numeric variables that have finite number of values. Data values are resulted from counting, for example, number of students.