QNT 561 Week 1 McgrawHill Questions 2016 Version
geniusy_2006Chapter 2 Exercise 4
Two thousand one hundred frequent business travelers are asked which midwestern city they prefer: Indianapolis, Saint Louis, Chicago, or Milwaukee. 115 liked Indianapolis best, 400 liked Saint Louis, 1365 liked Chicago, and the remainder preferred Milwaukee. Develop a frequency table and a relative frequency table to summarize this information. (Round relative frequency to 3 decimal places.)
City | Frequency | Relative Frequency |
Indianapolis | [removed] | [removed] |
St. Louis | [removed] | [removed] |
Chicago | [removed] | [removed] |
Milwaukee | [removed] | [removed] |
Chapter 2 Exercise 6
A small business consultant is investigating the performance of several companies. The fourth-quarter sales for last year (in thousands of dollars) for the selected companies were: |
Company | Fourth-Quarter Sales |
Hoden Building Products | $ 1,645.2 |
J & R Printing Inc. | 4,757.0 |
Long Bay Concrete Construction | 8,913.0 |
Mancell Electric and Plumbing | 627.1 |
Maxwell Heating and Air Conditioning | 24,612.0 |
Mizelle Roofing & Sheet Metals | 191.9 |
The consultant wants to include a chart in his report comparing the sales of the six companies. |
Identify a bar chart that compares the fourth-quarter sales of these corporations.
Chapter 2 Exercise 12
The Quick Change Oil Company has a number of outlets in the metropolitan Seattle area. The daily number of oil changes at the Oak Street outlet in the past 20 days are: |
65 | 98 | 55 | 62 | 79 | 59 | 51 | 90 | 72 | 56 |
70 | 62 | 66 | 80 | 94 | 79 | 63 | 73 | 71 | 85 |
The data are to be organized into a frequency distribution. |
a. | How many classes would you recommend? |
d. | Organize the number of oil changes into a frequency distribution. (Round relative frequency answers to 2 decimal places.) |
Chapter 2 Exercise 14
The food services division of Cedar River Amusement Park Inc. is studying the amount that families who visit the amusement park spend per day on food and drink. A sample of 40 families who visited the park yesterday revealed they spent the following amounts: |
$77 | $18 | $63 | $84 | $38 | $54 | $50 | $59 | $54 | $56 | $36 | $26 | $50 | $34 | $44 |
41 | 58 | 58 | 53 | 51 | 62 | 43 | 52 | 53 | 63 | 62 | 62 | 65 | 61 | 52 |
60 | 60 | 45 | 66 | 83 | 71 | 63 | 58 | 61 | 71 |
|
|
|
|
a. Organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. What class interval did you select? (Round your answer to the nearest whole number.) | |
b. Where do the data tend to cluster? (Select all that apply.) | |
|
|
Chapter 2 Exercise 18
Ecommerce.com, a large Internet retailer, is studying the lead time (elapsed time between when an order is placed and when it is filled) for a sample of recent orders. The lead times are reported in days. |
Lead Time (days) | Frequency |
0 up to 5 | 6 |
5 up to 10 | 7 |
10 up to 15 | 12 |
15 up to 20 | 8 |
20 up to 25 | 7 |
| |
Total | 40 |
a. | How many orders were studied? |
b. | What is the midpoint of the first class? (Round your answer to 1 decimal place.) |
c. | What are the coordinates of the first class for a frequency polygon assuming we draw a frequency polygon using the midpoints? (Round your answer to 1 decimal place.) |
Chapter 2 Exercise 20
The following cumulative frequency polygon shows the selling price ($000) of houses sold in the Billings, Montana, area. |
a. | How many homes were studied? |
b. | What is the class interval? |
c. | One hundred homes sold for less than what amount? |
d. | About 75% of the homes sold for less than what amount? |
e. | Estimate the number of homes in the $150,000 up to $200,000 class. |
f. | About how many homes sold for less than $225,000? |
Labs can be completed online also if required
Week 2 Work take from here
https://www.homeworkmarket.com/content/qnt-561-week-2-mcgrawhill-questions-latest-2016-version
10 years ago
Purchase the answer to view it
qnt_561_week_1_mcgrawhill__questions__solutions.docx
