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1. Use the Histogram tool to develop a frequency distribution and histogram for the number of months as a customer of the bank in the Excel file Credit Risk Data. Use your judgment for determining the number of bins to use. Compute the relative and cumulative relative frequencies and use a line chart to construct an ogive.
2. Construct frequency distributions and histograms using the Excel Histogram tool for the Gross Sales and Gross Profit data in the Excel file Sales Data. First let Excel automatically determine the number of bins marital status associated with these loans and bin ranges. Then determine a more appropriate set of bins and rerun the Histogram tool.
3. The Excel sheet Sampling contains the responses on a sale of 1 to 5 from consumers regarding a product. Construct a cluttered pivot table. And show the sampling data in the histogram.
4. Find the 20th and 80th percentiles of home prices in the Excel file Home Market Value
5. Find the 10th and 90th percentiles and 1st, 2nd, and 3rd quartiles for the combined amounts of checking and savings accounts in the Excel file Credit Risk Data.
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Caselet on McDonald’s vs. Burger King - Waiting time
Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.
Problems on Sampling Variability and Standard Error and Confidence Intervals
Estimate the population mean
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Find out the probability
LINEAR PROGRAMMING MODELS
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