Solution Manual for Modern Business Statistics with Microsoft Excel 6th Edition by Anderson

Solution Manual for Modern Business Statistics with Microsoft Excel 6th Edition by Anderson

$15.00

Edition: 6th Edition

Format: Downloadable ZIP Fille

Resource Type: Solution manual

Duration: Unlimited downloads

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Solution Manual for Modern Business Statistics with Microsoft Excel 6th Edition by Anderson

Solutions to

Case Problems

 Chapter 2

Descriptive Statistics: Tabular and Graphical Displays

 

Case Problem 1: Pelican Stores

 

  1. There were 70 Promotional customers and 30 Regular customers. Percent frequency distributions for many of the variables are given.

 

No. of ItemsPercent Frequency
1   29
2  27
3  10
4  10
5    9
6    7
7 or more    8
Total:100

 

Net SalesPercent Frequency
0.00 – 24.999
25.00 – 49.9930
50.00 – 74.9925
75.00 – 99.9910
100.00 – 124.9912
125.00 – 149.994
150.00 – 174.993
175.00 – 199.993
200 or more    4
Total:100

 

Method of PaymentPercent Frequency
American Express    2
Discover    4
MasterCard  14
Proprietary Card  70
Visa  10
Total:100

 

 

GenderPercent Frequency
Female93
Male    7
Total:100

 

 

Martial StatusPercent Frequency
Married84
Single  16
Total:100

 

 

These percent frequency distributions provide a profile of Pelican’s customers. Many observations are possible, including:

 

  • A large majority of the customers use National Clothing’s proprietary credit card.
  • The percent frequency distribution of net sales shows that 61% of the customers spent $50 or more.
  • Customers are distributed across all adult age groups.
  • The overwhelming majority of customers are female.
  • Most of the customers are married.
  • This is NOT the TEXT BOOK. You are buying Essentials of Modern Business Statistics with Microsoft Excel 6th Edition Solutions Manual by Anderson.
    • Solutions Manual comes in a PDF or Word format and available for download only.
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