The Study: A researcher wishes to determine the acceptability of PRODU PRODUCT 2 in the market. Give your interpretation on the gather each product based on the shown numerical rating by analyzing summary of collected data using the statistical tool which is the mean. Prepare a frequency distribution table (showing the x, f, and product as reference in the computation of the arithmetic mean for

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Do data analysis on the following study

The Study:
A researcher wishes to determine the acceptability of PRODUCT 1 and
PRODUCT 2 in the market. Give your interpretation on the gathered data for
each product based on the shown numerical rating by analyzing the given
summary of collected data using the statistical tool which is the arithmetic
mean. Prepare a frequency distribution table (showing the x, f, and fx) for each
product as reference in the computation of the arithmetic mean for each. Show
your solution on how did you compute the arithmetic mean.
Summary of data collected from the 50 respondents using the shown survey
form:
SAMPLE SURVEY FORM:
Instruction: Kindly evaluate by placing a check under the correspondingly
scale:
MARKET ACCEPTABILITY 5
3
2
PRODUCT 1
PRODUCT 2
SUMMARY OF COLLECTED DATA:
No. of
RATES
Respondents Product 1 Product 2
10
5
1
30
3
4
5
2
2
5
1
3
NUMERICAL RATING
4.21-5.00
3.41 -4.20
2.61-3.40
1.81 -2.60
1.00 -1.80
HIGLY ACCEPTABLE
MODERATELY ACCEPTABLE
SLIGHTLY ACCEPTABLE
ACCEPTABLE
NOT ACCEPTABLE
Transcribed Image Text:The Study: A researcher wishes to determine the acceptability of PRODUCT 1 and PRODUCT 2 in the market. Give your interpretation on the gathered data for each product based on the shown numerical rating by analyzing the given summary of collected data using the statistical tool which is the arithmetic mean. Prepare a frequency distribution table (showing the x, f, and fx) for each product as reference in the computation of the arithmetic mean for each. Show your solution on how did you compute the arithmetic mean. Summary of data collected from the 50 respondents using the shown survey form: SAMPLE SURVEY FORM: Instruction: Kindly evaluate by placing a check under the correspondingly scale: MARKET ACCEPTABILITY 5 3 2 PRODUCT 1 PRODUCT 2 SUMMARY OF COLLECTED DATA: No. of RATES Respondents Product 1 Product 2 10 5 1 30 3 4 5 2 2 5 1 3 NUMERICAL RATING 4.21-5.00 3.41 -4.20 2.61-3.40 1.81 -2.60 1.00 -1.80 HIGLY ACCEPTABLE MODERATELY ACCEPTABLE SLIGHTLY ACCEPTABLE ACCEPTABLE NOT ACCEPTABLE
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