Value 36 46 40 38 39 40 38 38 36 42 33 34 35 34 37 37 36 41 22 17 20 36 33 25 19 42 28 38 Bins Frequency 2^k= Number of Classes Class Width Minimum Maximum Number of Data 2 Class Boundaries Frequency Class Midpoints Relative Frequency Cumulative Frequencies 1 1.00 Consider the data ("Value") in column A. TASK: Create a histogram for the data. You will need to find (calculate): - Frequency of bins (use the FREQUENCY formula) - The number of classes (apply the 2^k formula via the "Numer of Classes" cell (G2)) - Maximum and Minimum values Number of data You will need to create (calculate): -Class boundaries - Frequency of upper Class Boundaries (use the FREQUENCY formula) Class midpoints - Relative frequency - Cumulative frequencies NO HARD INPUTS

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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Related questions
Question
Please give me complete answers with formulas
Ĵ******
Cost (5)
357
332
309
345
325
339
TASKS:
(1)
sample mean
s^2
5
one std. dev
two std. dev
three std. dev
(3)
NO HARD INPUTS
(enter response to Task 3)
68.26%
95.44%
99.73%
334.50
Enter tolerance intervals
(2)
4) Compute and interpret the z-score for each of the six entertainment expenses.
mean
In order to control costs, a company wishes to study the amount of money its sales force spends entertaining clients. The following is a random sample of six
entertainment expenses (dinner costs for four people) from expense reports submitted by members of the sales force.
$357 $332 $309 $345 $325 $339
334.50
334.50
334.50
Enter tolerance intervals
1) Calculatex", s^2, and s for the expense data.
2) Assuming that the distribution of entertainment expenses is approximately normally distributed, calculate estimates of tolerance intervals containing 68.26 percent,
95.44 percent, and 99.73 percent of all entertainment expenses by the sales force.
3) If a member of the sales force submits an entertainment expense (dinner cost for four) of $390, should this expense be considered unusually high (and possibly
worthy of investigation by the company)? Explain your answer.
count
0
0
0
%s falling into the
intervals
0.0%
0.0%
0.0%
z-scores
(4)
interpretation
Transcribed Image Text:Ĵ****** Cost (5) 357 332 309 345 325 339 TASKS: (1) sample mean s^2 5 one std. dev two std. dev three std. dev (3) NO HARD INPUTS (enter response to Task 3) 68.26% 95.44% 99.73% 334.50 Enter tolerance intervals (2) 4) Compute and interpret the z-score for each of the six entertainment expenses. mean In order to control costs, a company wishes to study the amount of money its sales force spends entertaining clients. The following is a random sample of six entertainment expenses (dinner costs for four people) from expense reports submitted by members of the sales force. $357 $332 $309 $345 $325 $339 334.50 334.50 334.50 Enter tolerance intervals 1) Calculatex", s^2, and s for the expense data. 2) Assuming that the distribution of entertainment expenses is approximately normally distributed, calculate estimates of tolerance intervals containing 68.26 percent, 95.44 percent, and 99.73 percent of all entertainment expenses by the sales force. 3) If a member of the sales force submits an entertainment expense (dinner cost for four) of $390, should this expense be considered unusually high (and possibly worthy of investigation by the company)? Explain your answer. count 0 0 0 %s falling into the intervals 0.0% 0.0% 0.0% z-scores (4) interpretation
Value
36
46
40
38
39
40
38
38
36
42
33
34
35
34
37
37
36
41
22
17
20
36
33
25
19
42
28
38
Bins
Frequency
2^k=
Number of Classes
Class Width
Minimum
Maximum
Number of Data
2 Class Boundaries Frequency Class Midpoints Relative Frequency Cumulative Frequencies
1
1.00
Consider the data ("Value") in column A.
TASK: Create a histogram for the data.
You will need to find (calculate):
- Frequency of bins (use the FREQUENCY formula)
- The number of classes (apply the 2^k formula via the "Numer of Classes" cell (G2))
- Maximum and Minimum values
- Number of data
You will need to create (calculate):
- Class boundaries
- Frequency of upper Class Boundaries (use the FREQUENCY formula)
- Class midpoints
- Relative frequency
- Cumulative frequencies
NO HARD INPUTS
Transcribed Image Text:Value 36 46 40 38 39 40 38 38 36 42 33 34 35 34 37 37 36 41 22 17 20 36 33 25 19 42 28 38 Bins Frequency 2^k= Number of Classes Class Width Minimum Maximum Number of Data 2 Class Boundaries Frequency Class Midpoints Relative Frequency Cumulative Frequencies 1 1.00 Consider the data ("Value") in column A. TASK: Create a histogram for the data. You will need to find (calculate): - Frequency of bins (use the FREQUENCY formula) - The number of classes (apply the 2^k formula via the "Numer of Classes" cell (G2)) - Maximum and Minimum values - Number of data You will need to create (calculate): - Class boundaries - Frequency of upper Class Boundaries (use the FREQUENCY formula) - Class midpoints - Relative frequency - Cumulative frequencies NO HARD INPUTS
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