Hi6007- Statistics And Research Methods | Holmes Institute

Added on - 31 Oct 2019

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STATISTICSHI6007 GROUP ASSIGNMENTSTUDENT ID[Pick the date]
Task 1(1)The value of mean, median, mode , range and standard deviation for the given four typeof business is shown below:(2)The frequency and relative frequency distribution and the relative frequency histogramfor each of business type is highlighted below:1
0 to 3031 to 6061 to 9091 to 120121 to 1500.005.0010.0015.0020.0025.0030.0035.00Relative Frequency HistogramX1 (Startup cost for Pizza)Startup cost for pizza ($ 000's)Relativefrequency(%)2
0 to 3031 to 6061 to 9091 to 120121 to 150151 to 1800.005.0010.0015.0020.0025.0030.0035.0040.00Relative Frequency HistogramX2 (startup costs for baker/donuts)startup costs for baker/donuts($ 000's)Relativefrequency0 to 3031 to 6061 to 9091 to 120121 to 150051015202530354045Relative Frequency HistogramX3 (startup costs for shoe stores)Start up cost for shoe stores ($ 000's)Relativefrequency3