Question 2 The Excel output below summarises the purchase amounts, in dollars, for a random sample of 83 Rocky (an online music store) customer downloads. Rocky Purchase Amownt (RM) Mean A 30 Standard Error в 25 Median 75.25 20 Q1 Q3 64.87 82.51 15 Mode #N/A 10 Standard Deviation 16.15 Sample Variance 5. Kurtosis 2.13 20 30 40 50 s0 70 s0 90 100 Skewness D 110 Range E Purchase Amount (dollars) Minimum 16.39 Maximum 108.1 Sum 6093.51 Count 83 a. Find the values of A, B, C, D and E in the output above. b. Which are the best measures of central tendency and dispersion that should be used to describe this distribution? Give brief reasons. What are their values and interpret them? c. Rocky is offering a RM 25 download voucher to each customer who purchases more than RM 100 worth of music in one transaction, in an attempt to attract more customers to their website. From the histogram, will Rocky offer many of its customers the RM 25 gift voucher? Explain briefly. d. It is known that previous Rocky customer purchase amounts are normally distributed with mean RM 75 and standard deviation of RM 24. If Rocky collects a sample of 119 transactions, what is the probability the average purchase amount recorded is between RM 70 and RM 71.50? Aauanbag
Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.
Numbers
Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.
Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
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