STATISTICS2Answer 1.Answer 1. a) The frequency distribution, relative frequency distribution, percent frequency distribution ofthe data is given below-ClassClassboundaryMid -value FrequencyRelativefrequencyPercentfrequency 100-14999.5-149.512530.066%150-199149.5-199.5175150.3030%200-249199.5-249.5225140.2828%250-299249.5-299.527560.1212%300-349299.5-349.532540.088%350-399349.5-399.537530.066%400-449399.5-449.542530.066%450-499449.5-499.547520.044%Total501.00100%Answer 1. b) The constructed histogram showing the percent frequency distribution of the furniture ordervalues in the sample are-100-149150-199200-249250-299300-349350-399400-449450-4990%5%10%15%20%25%30%35%P er c en t fr eq u en c y d ist r ib u ti o n o f p r ic e o f fu r n it u r e o r d er ClassesPercentagesThe distribution of prices of furniture order indicates that the frequency distribution ispositively skewed and skewed to the left. Its right tail is longer than the left tail. Answer 1. c) Location of measure:
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
HI6007: Statistics For Business Decisionslg...
|7
|944
|488
Desklib - Online Library for Study Material with Solved Assignments, Essays, Dissertationslg...
|6
|948
|347
Statistics for Business Decisions - Deskliblg...
|8
|1077
|367
Statistics for Business Decisions - PDFlg...
|7
|661
|194
Desklib - Online Library for Study Material with Solved Assignments, Essays, Dissertationslg...
|7
|890
|325
Statistics: ANOVA, Regression and Frequency Distributionlg...