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Question 1. Is the average higher for online or for in-person sales transactions? 2. Is the median higher for online or for in-person sales transactions? 3. What is the value of the outlier for online sales transactions rounded to the nearest dollar? 4. What is the highest value for the in-person sales transactions? (Round to 2 decimal places.) 5. Which set of sales transactions has the lowest minimum value, online or in-person? Answer The average is higher for online sales. The median is higher for online sales. $. $ ✓ ✓ 5,759 x 98.42✔ Online sales has the lowest minimum value.✔

Question 1. Is the average higher for online or for in-person sales transactions? 2. Is the median higher for online or for in-person sales transactions? 3. What is the value of the outlier for online sales transactions rounded to the nearest dollar? 4. What is the highest value for the in-person sales transactions? (Round to 2 decimal places.) 5. Which set of sales transactions has the lowest minimum value, online or in-person? Answer The average is higher for online sales. The median is higher for online sales. $. $ ✓ ✓ 5,759 x 98.42✔ Online sales has the lowest minimum value.✔

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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**Statistical Analysis of Online vs. In-Person Data** **Online:** - **Mean:** 40.55 - **Standard Error:** 2.58 - **Median:** 33.90 - **Mode:** 7.52 - **Standard Deviation:** 30.74 - **Sample Variance:** 944.94 - **Kurtosis:** -0.018 - **Skewness:** 0.85 - **Range:** 137.5 - **Minimum:** 2.52 - **Maximum:** 140.02 - **Sum:** 5758.59 - **Count:** 142 **In-Person:** - **Mean:** 33.64 - **Standard Error:** 3.46 - **Median:** 26.97 - **Mode:** 12.52 - **Standard Deviation:** 24.71 - **Sample Variance:** 610.81 - **Kurtosis:** -0.41 - **Skewness:** 0.78 - **Range:** 95.55 - **Minimum:** 2.87 - **Maximum:** 98.42 - **Sum:** 1715.72 - **Count:** 51 **Box Plot Analysis:** The box plot on the right side of the image illustrates the distribution of the data for both Online and In-Person categories. - The boxplot has two boxes: one for each category ("Online" and "In-Person"). - The box for the Online category is wider, indicating more variability or a larger range of values. - The median values are marked within each box by a line. - Whiskers extend from each box, showing the spread of the data outside the interquartile range. - Outliers, which are data points outside the whiskers, may be present but are not explicitly labeled in this image.
Transcribed Image Text:**Statistical Analysis of Online vs. In-Person Data** **Online:** - **Mean:** 40.55 - **Standard Error:** 2.58 - **Median:** 33.90 - **Mode:** 7.52 - **Standard Deviation:** 30.74 - **Sample Variance:** 944.94 - **Kurtosis:** -0.018 - **Skewness:** 0.85 - **Range:** 137.5 - **Minimum:** 2.52 - **Maximum:** 140.02 - **Sum:** 5758.59 - **Count:** 142 **In-Person:** - **Mean:** 33.64 - **Standard Error:** 3.46 - **Median:** 26.97 - **Mode:** 12.52 - **Standard Deviation:** 24.71 - **Sample Variance:** 610.81 - **Kurtosis:** -0.41 - **Skewness:** 0.78 - **Range:** 95.55 - **Minimum:** 2.87 - **Maximum:** 98.42 - **Sum:** 1715.72 - **Count:** 51 **Box Plot Analysis:** The box plot on the right side of the image illustrates the distribution of the data for both Online and In-Person categories. - The boxplot has two boxes: one for each category ("Online" and "In-Person"). - The box for the Online category is wider, indicating more variability or a larger range of values. - The median values are marked within each box by a line. - Whiskers extend from each box, showing the spread of the data outside the interquartile range. - Outliers, which are data points outside the whiskers, may be present but are not explicitly labeled in this image.
**Sales Transactions Analysis** | Question | Answer | |--------------------------------------------------------------------------------------------------|-----------------------------------------------------| | 1. Is the average higher for online or for in-person sales transactions? | The average is higher for online sales. ✔️ | | 2. Is the median higher for online or for in-person sales transactions? | The median is higher for online sales. ✔️ | | 3. What is the value of the outlier for online sales transactions rounded to the nearest dollar? | $5,759 ❌ | | 4. What is the highest value for the in-person sales transactions? (Round to 2 decimal places.) | $98.42 ✔️ | | 5. Which set of sales transactions has the lowest minimum value, online or in-person? | Online sales has the lowest minimum value. ✔️ | This table presents an analysis of sales transactions, comparing online and in-person data. Each question evaluates different statistical aspects, such as averages and medians, to understand the distribution and characteristics of the sales data. Answers marked with ✔️ are correct, whereas ❌ indicates incorrect information.
Transcribed Image Text:**Sales Transactions Analysis** | Question | Answer | |--------------------------------------------------------------------------------------------------|-----------------------------------------------------| | 1. Is the average higher for online or for in-person sales transactions? | The average is higher for online sales. ✔️ | | 2. Is the median higher for online or for in-person sales transactions? | The median is higher for online sales. ✔️ | | 3. What is the value of the outlier for online sales transactions rounded to the nearest dollar? | $5,759 ❌ | | 4. What is the highest value for the in-person sales transactions? (Round to 2 decimal places.) | $98.42 ✔️ | | 5. Which set of sales transactions has the lowest minimum value, online or in-person? | Online sales has the lowest minimum value. ✔️ | This table presents an analysis of sales transactions, comparing online and in-person data. Each question evaluates different statistical aspects, such as averages and medians, to understand the distribution and characteristics of the sales data. Answers marked with ✔️ are correct, whereas ❌ indicates incorrect information.
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