The Relationship Between Days of Christmas Shopping, Price and Store

docx

School

Central Piedmont Community College *

*We aren’t endorsed by this school

Course

152

Subject

Statistics

Date

Feb 20, 2024

Type

docx

Pages

3

Uploaded by CorporalOkapi3891

Report
The Relationship Between Days of Christmas Shopping, Price and Store Christmas shopping has always been the pinnacle of our year’s end. The opportunity to let your loved ones know that you have been thinking about them throughout the year and what says that better than a gift to culminate the end of a year and the beginning of another one. December is the time of year for festive, fun, fellowship, family and gift-giving. We see the commercials advertising as far back as July about Christmas. Black Fridays where you can get all the discounts and special savings. Most of the time, people do not wait for the holiday of Thanksgiving to begin putting decorations in preparation for the Christmas season of receiving and giving gifts, those small and great alike. I conducted a survey to see if the more time you spend Christmas shopping equates to more money being spent on the gifts and what big box store people are most likely to spend their money at. Qualitative Question: What is your favorite big box store for Christmas shopping? 1. Target 2. Walmart 3. Amazon 4. Roses 5. Big Lots 6. Other Quantitative Question: How much do you typically spend on Christmas Shopping? Quantitative Question: How many days before Christmas do you start shopping? For this study it will be assumed that the more time that you spend shopping, the more money being spent in certain big box stores. So according to the transition relationship concept, as the amount of time for holiday shopping increases, the amount of money that is spent increases at certain stores as well. My sample was collected in a simple, random and unbiased way. I used Google Forms to create a survey and sent the link out via email. I emailed professors and students at CPCC whom I have had little to a lot of contact with, family and friends to take part in the survey. Using such methods ensured that the survey was completed but also that my subjects were all different ages, in different professions and different financial situations.
Qualitative Data (Favorite Store for Christmas shopping) As seen in the frequency table below, about 36 percent of the sample subjects use Walmart as their favorite store for Christmas shopping; that is 15 out of a total of 43 samples. Amazon comes in second in terms of frequency, occupying a little over 33 percent of the sample subjects Frequencies Frequencies
The pie chart above goes hand in hand with the frequency table and helps in the process of analyzing the qualitative data (favorite store). This pie chart is divided into six sections each representing one of the six types there is in the data. The pie chart also has the percentages showing how much each type makes up the samples. Looking at the pie chart helps in visualizing the proportion of each type from the overall sample. This pie chart puts the percentages into an image to better help understand the frequencies of each type. This Pareto Chart is another visualization of the frequency of the qualitative data. Just like the frequency table and the pie chart, this pareto chart shows that the mode of the sample is “Walmart”. In the pareto chart, the number of frequencies for each type is shown. The Pareto Chart is organized in a descending order showing the distribution to be right skewed. Quantitative Data (Days) The table above shows different important values related to the quantitative data (days). It includes the mean, median, and the mode of the days in the sample. The Table also shows the standard deviation of the data. It also shows the five number summary which reveals that the highest number of days for shopping is 365 and the lowest is 3. The five number summary also shows the 25th, the 50th and the 75th percentiles of the data. The table also shows the range of the data which is found through subtracting the minimum value (3) from the maximum value (365). The dot plot is a visual description for the frequencies of the quantitative data (days). You can’t tell what the exact most frequent number is, however, the frequency table did not show the mode to be
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help