Solution Manual for Modern Business Statistics with Microsoft Excel 6th Edition by Anderson
Descriptive Statistics: Tabular and Graphical Displays
Case Problem 1: Pelican Stores
- There were 70 Promotional customers and 30 Regular customers. Percent frequency distributions for many of the variables are given.
|No. of Items||Percent Frequency|
|7 or more||8|
|Net Sales||Percent Frequency|
|0.00 – 24.99||9|
|25.00 – 49.99||30|
|50.00 – 74.99||25|
|75.00 – 99.99||10|
|100.00 – 124.99||12|
|125.00 – 149.99||4|
|150.00 – 174.99||3|
|175.00 – 199.99||3|
|200 or more||4|
|Method of Payment||Percent Frequency|
|Martial Status||Percent Frequency|
These percent frequency distributions provide a profile of Pelican’s customers. Many observations are possible, including:
- A large majority of the customers use National Clothing’s proprietary credit card.
- The percent frequency distribution of net sales shows that 61% of the customers spent $50 or more.
- Customers are distributed across all adult age groups.
- The overwhelming majority of customers are female.
- Most of the customers are married.
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