Cell phones have become a necessity for many people throughout the world because modern society has a need for constant access to the internet and the information contained within it. The ability to access email and communicate with family are only two of the reasons for the increasing importance of cell phones. Cell phone manufacturers are constantly updating features to utilize new technologies in an effort to persuade customers to buy their latest models. However, buying a cell phone is a complicated decision and a consumer will probably spend a lot of money, depending on the features that are important to them. We will explore the variation/variability in cell phone retail prices in May 2021 with two datasets. For convenience, these two datasets have been combined into a single file for uploading into SALT. One of these datasets contains retail prices from Amazon, Walmart, and Best Buy in May 2021 of the top-rated models for 2021 as found in columns 1 and 2 of the dataset in SALT. The other dataset contains retail prices in May 2021 for cell phones sold by the top three service providers, AT&T, Verizon, and T-Mobile as found in columns 3 and 4 of the dataset in SALT. The first five rows of the file look like this. Top Rated Phone Retail Price Top Retailer Phone Retail Price Service Provider 329.97 Walmart 29.99 T-Mobile 340 Amazon 62.99 AT&T 349 Amazon 100 T-Mobile 349 Walmart 119.99 Verizon 349.99 Best Buy 120 T-Mobile Import the file containing both datasets into SALT for analyzing. A USE SALT We will use SALT to summarize the numerical variable from each dataset. Click on the "Descriptive Statistics" tab along the top menu bar. CENGAGE SALT: Statistizal Analysis and Learning DATASET DESCRIPTIVE STATISTICS CHARTS AND GRAPHS Locate the "Summary Table" for "Numerical Variables" and read this table. Summary Table , Numerical Variables Enter the summary statistics in the appropriate cell of the table below, rounded to two decimal places as needed. Variable Mean N Median Top Rated Phone Retail Price 807.91 Phone Retail Price 699.99
Cell phones have become a necessity for many people throughout the world because modern society has a need for constant access to the internet and the information contained within it. The ability to access email and communicate with family are only two of the reasons for the increasing importance of cell phones. Cell phone manufacturers are constantly updating features to utilize new technologies in an effort to persuade customers to buy their latest models. However, buying a cell phone is a complicated decision and a consumer will probably spend a lot of money, depending on the features that are important to them. We will explore the variation/variability in cell phone retail prices in May 2021 with two datasets. For convenience, these two datasets have been combined into a single file for uploading into SALT. One of these datasets contains retail prices from Amazon, Walmart, and Best Buy in May 2021 of the top-rated models for 2021 as found in columns 1 and 2 of the dataset in SALT. The other dataset contains retail prices in May 2021 for cell phones sold by the top three service providers, AT&T, Verizon, and T-Mobile as found in columns 3 and 4 of the dataset in SALT. The first five rows of the file look like this. Top Rated Phone Retail Price Top Retailer Phone Retail Price Service Provider 329.97 Walmart 29.99 T-Mobile 340 Amazon 62.99 AT&T 349 Amazon 100 T-Mobile 349 Walmart 119.99 Verizon 349.99 Best Buy 120 T-Mobile Import the file containing both datasets into SALT for analyzing. A USE SALT We will use SALT to summarize the numerical variable from each dataset. Click on the "Descriptive Statistics" tab along the top menu bar. CENGAGE SALT: Statistizal Analysis and Learning DATASET DESCRIPTIVE STATISTICS CHARTS AND GRAPHS Locate the "Summary Table" for "Numerical Variables" and read this table. Summary Table , Numerical Variables Enter the summary statistics in the appropriate cell of the table below, rounded to two decimal places as needed. Variable Mean N Median Top Rated Phone Retail Price 807.91 Phone Retail Price 699.99
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Transcribed Image Text:Cell phones have become a necessity for many people throughout the world because modern society has a need for constant access to the internet and the information contained
within it. The ability to access email and communicate with family are only two of the reasons for the increasing importance of cell phones. Cell phone manufacturers are constantly
updating features to utilize new technologies in an effort to persuade customers to buy their latest models. However, buying a cell phone is a complicated decision and a consumer will
probably spend a lot of money, depending on the features that are important to them.
We will explore the variation/variability in cell phone retail prices in May 2021 with two datasets. For convenience, these two datasets have been combined into a single file for
uploading into SALT. One of these datasets contains retail prices from Amazon, Walmart, and Best Buy in May 2021 of the top-rated models for 2021 as found in columns 1 and 2 of
the dataset in SALT. The other dataset contains retail prices in May 2021 for cell phones sold by the top three service providers, AT&T, Verizon, and T-Mobile as found in columns 3 and
4 of the dataset in SALT. The first five rows of the file look like this.
Top Rated Phone Retail Price Top Retailer
Phone Retail Price
Service Provider
329.97
Walmart
29.99
T-Mobile
340
Amazon
62.99
AT&T
349
Amazon
100
T-Mobile
349
Walmart
119.99
Verizon
349.99
Best Buy
120
T-Mobile
Import the file containing both datasets into SALT for analyzing.
A USE SALT
We will use SALT to summarize the numerical variable from each dataset.
Click on the "Descriptive Statistics" tab along the top menu bar.
CENGAGE
Learning
SALT: Statistyeal Analysis and
DATASET
DESCRIPTIVE STATISTIC
CHARTS AND GRAPHS
Locate the "Summary Table" for "Numerical Variables" and read this table.
Summary Table
, Numerical Variables
Enter the summary statistics in the appropriate cell of the table below, rounded to two decimal places as needed.
Variable
Mean
N
Median
Top Rated Phone Retail Price
807.91
Phone Retail Price
699.99
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