a) What was the mean U.S. sales (in thousand dollars) per store for the 47 restaurant chains? (Round your answer to one decimal place.) $ thousand (b) What are the first and third quartiles (in thousand dollars)? first quartile$ thousandthird quartile$ thousand What is your interpretation of the quartiles? ---Select--- Zero Twenty-five Seventy-five One hundred percent of the restaurants have an average sales per unit less than or equal to the first quartile and ---Select--- zero twenty-five seventy-five one hundred percent of the restaurants have an average sales per unit greater than or equal to the third quartile. (c) Show a boxplot for the level of sales. The box-and-whisker plot has a horizontal axis numbered from 0 to 3500. The box-and-whisker is also horizontal. The left whisker is approximately 207, the left edge of the box is approximately 879, the line inside the box is approximately 1103, the right edge of the box is approximately 1700, and the right whisker is approximately 3158. The box-and-whisker plot has a horizontal axis numbered from 0 to 3500. The box-and-whisker is also horizontal. The left whisker is approximately 0, the left edge of the box is approximately 679, the line inside the box is approximately 1103, the right edge of the box is approximately 1700, and the right whisker is approximately 2600. There is one outlier located at 3158. The box-and-whisker plot has a horizontal axis numbered from 0 to 3500. The box-and-whisker is also horizontal. The left whisker is approximately 207, the left edge of the box is approximately 879, the line inside the box is approximately 1103, the right edge of the box is approximately 1700, and the right whisker is approximately 2600. There is one outlier located at 3158. The box-and-whisker plot has a horizontal axis numbered from 0 to 3500. The box-and-whisker is also horizontal. The left whisker is approximately 207, the left edge of the box is approximately 879, the line inside the box is approximately 1103, the right edge of the box is approximately 1700, and the right whisker is approximately 1700. There is one outlier located at 3158. Are there are any outliers in terms of sales that would skew the results? YesNo
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
Company | Segment | 2012 U.S. Average Sales per Store ($1,000s) |
---|---|---|
Arby's | Sandwich | 993 |
Baskin-Robbins | Snacks | 207 |
Bojangles' | Chicken | 1,718 |
Boston Market | Chicken | 1,184 |
Burger King | Burger | 1,195 |
Carl's Jr. | Burger | 1,470 |
Checkers/Rally's | Burger | 903 |
Chick-fil-A | Chicken | 3,158 |
Chipotle Mexican Grill |
Mexican | 2,113 |
Church's Chicken | Chicken | 707 |
CiCi's Pizza | Pizza/Pasta | 915 |
Culver's | Burger | 1,838 |
Dairy Queen | Burger | 545 |
Del Taco | Mexican | 1,100 |
Domino's Pizza | Pizza/Pasta | 710 |
Dunkin' Donuts | Snacks | 857 |
El Pollo Loco | Chicken | 1,475 |
Five Guys Burgers & Fries |
Burger | 1,049 |
Hardee's | Burger | 1,145 |
In-N-Out Burger | Burger | 1,935 |
Jack in the Box | Burger | 1,379 |
Jamba Juice | Snacks | 715 |
Jason's Deli | Sandwich | 2,556 |
Jimmy John's | Sandwich | 879 |
Company | Segment | 2012 U.S. Average Sales per Store ($1,000s) |
---|---|---|
KFC | Chicken | 957 |
Krispy Kreme | Snacks | 2,428 |
Little Caesars | Pizza/Pasta | 465 |
McDonald's | Burger | 2,600 |
Moe's Southwest Grill |
Mexican | 1,103 |
Panera Bread | Sandwich | 2,427 |
Papa John's | Pizza/Pasta | 829 |
Papa Murphy's | Pizza/Pasta | 575 |
Pizza Hut | Pizza/Pasta | 883 |
Popeyes Louisiana Kitchen |
Chicken | 1,242 |
Qdoba Mexican Grill |
Mexican | 966 |
Quiznos | Sandwich | 345 |
Sonic Drive-In | Burger | 1,074 |
Starbucks | Snacks | 1,223 |
Steak 'n Shake | Burger | 1,700 |
Subway | Sandwich | 481 |
Taco Bell | Mexican | 1,363 |
Tim Hortons | Snacks | 1,095 |
Wendy's | Burger | 1,484 |
Whataburger | Burger | 1,996 |
White Castle | Burger | 1,284 |
Wingstop | Chicken | 902 |
Zaxby's | Chicken | 1,766 |
Segment | Average Sales per unit ($1,000s) |
---|---|
Burger | $ thousand |
Chicken | $ thousand |
Mexican | $ thousand |
Pizza/Pasta | $ thousand |
Sandwich | $ thousand |
Snacks | $ thousand |
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