NRF/BIG research provided results of a consumer holiday spending survey (USA Today, December 20, 2005). The following data provide the dollar amount of holiday spending for a sample of 25 consumers. 1200 850 740 590 340 450 890 260 610 350 1780 180 850 2050 770 800 1090 510 520 220 1450 280 1120 200 350 a. What is the lowest holiday spending? The highest? b. Use a class width of $250 to prepare a frequency distribution and a percent frequency distribution for the data. c. Prepare a histogram and comment on the shape of the distribution.
NRF/BIG research provided results of a consumer holiday spending survey (USA Today, December 20, 2005). The following data provide the dollar amount of holiday spending for a sample of 25 consumers. 1200 850 740 590 340 450 890 260 610 350 1780 180 850 2050 770 800 1090 510 520 220 1450 280 1120 200 350 a. What is the lowest holiday spending? The highest? b. Use a class width of $250 to prepare a frequency distribution and a percent frequency distribution for the data. c. Prepare a histogram and comment on the shape of the distribution.
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NRF/BIG research provided results of a consumer holiday spending survey (USA Today,
December 20, 2005). The following data provide the dollar amount of holiday spending
for a sample of 25 consumers.
1200 850 740 590 340
450 890 260 610 350
1780 180 850 2050 770
800 1090 510 520 220
1450 280 1120 200 350
a. What is the lowest holiday spending? The highest?
b. Use a class width of $250 to prepare a frequency distribution and a percent frequency
distribution for the data.
c. Prepare a histogram and comment on the shape of the distribution.
d. What observations can you make about holiday spending?
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