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Assuming we take the lower limit of the first class as $1 and the upper limit of the sixth class as $126, determine the class limits, boundaries, and midpoints for a grouped quantitative data table. Hint: To determine the class width, divide upper limit of the sixth class (126) by the number of classes (6).

Assuming we take the lower limit of the first class as $1 and the upper limit of the sixth class as $126, determine the class limits, boundaries, and midpoints for a grouped quantitative data table. Hint: To determine the class width, divide upper limit of the sixth class (126) by the number of classes (6).

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A data set of monthly expenditures (rounded to the nearest dollar) incurred at coffee shops by a sample of 550 households has a minimum value of $10 and a maximum value of $126. Suppose we want to group these data into six classes of equal widths. Assuming we take the lower limit of the first class as $1 and the upper limit of the sixth class as $126, determine the class limits, boundaries, and midpoints for a grouped quantitative data table. Hint: To determine the class width, divide upper limit of the sixth class (126) by the number of classes (6).
Transcribed Image Text:A data set of monthly expenditures (rounded to the nearest dollar) incurred at coffee shops by a sample of 550 households has a minimum value of $10 and a maximum value of $126. Suppose we want to group these data into six classes of equal widths. Assuming we take the lower limit of the first class as $1 and the upper limit of the sixth class as $126, determine the class limits, boundaries, and midpoints for a grouped quantitative data table. Hint: To determine the class width, divide upper limit of the sixth class (126) by the number of classes (6).
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