Describe the shape of the distribution for each type of customer, and compare the graphs by interpreting the summary statistics, particularly the five- number summary.  What can you conclude?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Describe the shape of the distribution for each type of customer, and compare the graphs by interpreting the summary statistics, particularly the five- number summary.  What can you conclude?  

Net Sales (S)
350.00
300.00
250.00
200.00
150.00
100.00
50.00
0.00
Comaprison of Net Sales Bewtween Promotional and Regular Customers
1
Type of Customer
Promotional Net Sales
X
Regular Net Sales
Chart Area
Transcribed Image Text:Net Sales (S) 350.00 300.00 250.00 200.00 150.00 100.00 50.00 0.00 Comaprison of Net Sales Bewtween Promotional and Regular Customers 1 Type of Customer Promotional Net Sales X Regular Net Sales Chart Area
Mean
Standard Error
Median
Mode
Standard Deviation
Sample Variance
Q1
Q2
Q3
Range
Minimum
Maximum
Promotional Net Sales
Sum
Count
Confidence Level(95.0%)
Range
Minimum
Maximum
Regular Net Sales
Mean
Standard Error
Median
Mode
Standard Deviation
Sample Variance
Q1
Q2
Q3
Sum
Count
Confidence Level (95.0%)
99.29
7.34614957
78.42
46.6
61.46229694
3777.613945
58.5
78.42
124.385
274.36
28.23
302.59
6950.3
70
14.6551674
71.99166667
6.402501345
61
54.5
35.06794411
1229.760704
49.375
61
84.25
137.25
32.5
169.75
2159.75
30
13.09458553
0
10
Transcribed Image Text:Mean Standard Error Median Mode Standard Deviation Sample Variance Q1 Q2 Q3 Range Minimum Maximum Promotional Net Sales Sum Count Confidence Level(95.0%) Range Minimum Maximum Regular Net Sales Mean Standard Error Median Mode Standard Deviation Sample Variance Q1 Q2 Q3 Sum Count Confidence Level (95.0%) 99.29 7.34614957 78.42 46.6 61.46229694 3777.613945 58.5 78.42 124.385 274.36 28.23 302.59 6950.3 70 14.6551674 71.99166667 6.402501345 61 54.5 35.06794411 1229.760704 49.375 61 84.25 137.25 32.5 169.75 2159.75 30 13.09458553 0 10
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman