MBA 501: Module 7 Homework

MBA 501: Module 7 Homework

Notes

Use Excel to answer the following questions. Copy and paste your Excel tables and graphs to this document and submit everything in one word file.

1. Construct a histogram and a frequency polygon for the following data.

Class Interval	Frequency
30-under 32	5
32-under 34	7
34-under 36	15
36-under 38	21
38-under 40	34
40-under 42	24
42-under 44	17
44-under 46	8

2. Are the advertising dollars spent by a company related to total sales revenue? The following data represent the advertising dollars and the sales revenues for various companies in a given industry during a recent year. Construct a scatter plot of the data from the two variables and discuss the relationship between the two variables.

Advertising (in $millions)	Sales (in $millions)
4.2	155.7
1.6	87.3
6.3	135.6
2.7	99.0
10.4	168.2
7.1	136.9
5.5	101.4
8.3	158.2