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HI6007: Statistics For Business Decisions

Prepare a frequency distribution, relative frequency distribution, and percent frequency

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Added on  2023-06-12

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This document contains solved assignments on frequency distribution, ANOVA, regression analysis and more for the course HI6007: Statistics For Business Decisions. It includes tables, histograms, ANOVA tables, regression tables and formulas.

HI6007: Statistics For Business Decisions

Prepare a frequency distribution, relative frequency distribution, and percent frequency

   Added on 2023-06-12

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Running Head: HI6007: STATISTICS FOR BUSINESS DECISIONS
HI6007: Statistics For Business Decisions
Name of the Student
Name of the University
Student ID
HI6007: Statistics For Business Decisions_1
1HI6007: STATISTICS FOR BUSINESS DECISIONS
Table of Contents
Answer 1..........................................................................................................................................2
Part A...........................................................................................................................................2
Part B...........................................................................................................................................2
Part C...........................................................................................................................................3
Answer 2..........................................................................................................................................3
Part A...........................................................................................................................................3
Part B...........................................................................................................................................4
Part C...........................................................................................................................................4
Answer 3..........................................................................................................................................4
Answer 4..........................................................................................................................................5
Part A...........................................................................................................................................5
Part B...........................................................................................................................................5
Part C...........................................................................................................................................5
Part D...........................................................................................................................................6
Part E...........................................................................................................................................6
HI6007: Statistics For Business Decisions_2
2HI6007: STATISTICS FOR BUSINESS DECISIONS
Answer 1
Part A
The following table shows the frequency, relative frequency and percent frequency of the
furniture orders.
Furniture Order ($) Frequency Relative Frequency Percent Frequency
100 - 150 3 0.06 6%
150 - 200 15 0.3 30%
200 - 250 14 0.28 28%
250 - 300 6 0.12 12%
300 - 350 4 0.08 8%
350 - 400 3 0.06 6%
400 - 450 3 0.06 6%
450 - 500 2 0.04 4%
Grand Total 50 1 100%
Part B
The histogram in the figure below shows the distribution of the values of furniture orders.
It can be seen from the shape of the histogram that the data is positively skewed.
HI6007: Statistics For Business Decisions_3

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