Titlebook: Exploratory Data Analysis in Business and Economics; An Introduction Usin Thomas Cleff Textbook 2014 Springer International Publishing Swit

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Politische Entscheidung als Phasenmodell only independent variable and is plotted on the x-axis. This kind of time series does nothing more than link variable data over different periods. Figure 6.1 shows an example with a graph of diesel fuel prices by year.

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Factor Analysis,Frequently, empirical studies rely on a wide variety of variables – so-called item batteries – to describe a certain state of affairs (Fig. 8.1). An example for such a collection of variables is the study of preferred toothpaste attributes by Malhotra (2010, p. 639). Thirty people were asked the following questions:

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978-3-319-01516-3Springer International Publishing Switzerland 2014

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https://doi.org/10.1007/978-3-322-88043-7 declared, “There are three types of lies: lies, damned lies, and statistics.” This oft-quoted assertion implies that statistics and statistical methods represent a particularly underhanded form of deception. Indeed, individuals who mistrust statistics often find confirmation for their scepticism wh