Determining the shopping spree

Assignment Help Basic Statistics
Reference no: EM132487920

Shopping spree

The stemplot displays data on the amount spent by 50 shoppers at a grocery store. Note that the values have been rounded to the nearest dollar.

0 | 3 9 9

1 | 1 3 4 5 6 7 7 8 8 9

2 | 0 0 0 1 2 3 4 5 6 6 8 8 8 8

3 | 2 5 6 9 9

4 | 1 3 4 5 5 7 9

5 | 0 3 5 9

6 | 1

7 | 0

8 | 3 6 6

9 | 3

Key 9|3 = 92.50 to 93.49 spent

a. What was the smallest amount spent by any of the shoppers?

b. Describe the distribution of amount spent by these 50 shoppers.

Reference no: EM132487920

Questions Cloud

Determine the buyer lost the discount of : Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment
Evaluate the purpose and relevance of leadership : To be effective, a leader should understand leadership theory. An effective leader should recognize his or her own leadership style, in order to develop.
Compute the IRR statistic for Project E : Compute the IRR statistic for Project E and note whether the firm should accept or reject the project with the cash flows shown as follows
How change in structure impact strategic planning activities : The current organizational structure is considered to be functional.?Senior management has put forth a recommendation to change the structure to another type.
Determining the shopping spree : The stemplot displays data on the amount spent by 50 shoppers at a grocery store. Note that the values have been rounded to the nearest dollar.
Confidence interval estimate with a halfwidth : The management agrees that they want a 90% confidence interval estimate with a halfwidth of 2%. What sample size should they use?
What screening techniques used for that specific position : Select a position that your organization might need to fill. Explain what screening techniques (2-3) can be used for that specific position.
What is the maximum inventory of fertilizer : What is the Economic Ordering Quantity? Round your answer to the nearest whole number. What is the maximum inventory of fertilizer?
What would you recommend based on your readings : Cultural differences, while difficult to observe and measure, are obviously very important. Failure to appreciate and account for them can lead to embarrassing.

Reviews

Write a Review

Basic Statistics Questions & Answers

  What would be the approximate margin of error

What would be the approximate margin of error if the researcher randomly sampled 400 adults?

  Increasing sample size change shape of t distribution

Estimating the population variance. In an article comparing the t test with the z test, Arthur Riopelle (2003) demonstrated that as the sample size increased.

  Find the standard score z such that the area above the mean

consider the following. give your answers correct to two decimal places.a find the standard score z such that the area

  Find mean and standard deviation for the distribution

Suppose x has a uniform probability distribution. Is the amount dispensed by the machine a discrete or a continuous random variable? Find the mean and standard deviation for the distribution.

  Information for organizations and governments to measure

Surveys provide valuable information for organizations and governments to measure their performance, monitor strategies and policy decisions, and inform decisions. The value of this information is measured against the cost to collect the data and ..

  Testing null hypothesis of regression coefficient

An estimated regression coefficient is 10 with a standard error of 5. The null hypothesis is that the partial regression coefficient equals one.

  Construct a 95 confidence interval for the average waiting

the macburger restaurant chain claims that customers mean waiting time is 3 minutes. the quality assurance department

  Test to find a mean difference

The standard deviation of the difference was 5 mmHg. What was the power of the test to find a mean difference of 2.5 mmHg at a = 0.05 (two-sided)?

  When would you use a hypothesis test for the difference

When would you use a hypothesis test for the difference in two population proportions at your place of employment, in your education, or in politics?

  Find the probability that student will pass both courses

The probability that a student passes mathematics is 2/3 and the probability that he passes biology is 4/9. If the probability of passing one course is 4/5, what is the probability that he will pass both courses?

  Discuss problem about the group of bureaucrats

When the government gets involved, however, a group of bureaucrats is given the power to take our money and give it to the arts they wish to support.

  Examinethe differences between profit and profitability

Examinethe differences between profit and profitability and how you plan to use your profits to increase your business profitability.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd