Answered: Consider the data in the table below…

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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Question

Consider the data in the table below which was collected from a random sample of 20
vendors at a local open market during the first week after the lockdown period:
Vendor Number of years in operation Daily income (N$)
1 > 5 years 1555
2 < 1 year 806
3 Between 1 and 5 years 1150
4 Between 1 and 5 years 1350
5 > 5 years 1790
6 Between 1 and 5 years 1660
7 < 1 year 505
8 > 5 years 1950
9 Between 1 and 5 years 2240
10 > 5 years 1811
11 Between 1 and 5 years 1904
12 > 5 years 2209
13 < 1 year 1600
14 > 5 years 2010
15 Between 1 and 5 years 2300
16 Between 1 and 5 years 300
17 < 1 year 549
18 > 5 years 662
19 Between 1 and 5 years 1444
20 < 1 year 755
Required:
Construct a cross-tabulation between the random variables Daily Income and Number of
years in Operation and provide an interpretation

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