What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. Age range, years 18-28 29-39 40-50 51-61 62 and over Midpoint x 23 34 45 56 67 Percent of super shoppers 6% 47% 25% 11% 11% For the 62-and-over group, use the midpoint 67 years. (a) Compute the expected age μ of a super shopper. (Round your answer to two decimal places.) μ = (b) Compute the standard deviation σ for ages of super shoppers. (Round your answer to two decimal places.) σ=
What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. Age range, years 18-28 29-39 40-50 51-61 62 and over Midpoint x 23 34 45 56 67 Percent of super shoppers 6% 47% 25% 11% 11% For the 62-and-over group, use the midpoint 67 years. (a) Compute the expected age μ of a super shopper. (Round your answer to two decimal places.) μ = (b) Compute the standard deviation σ for ages of super shoppers. (Round your answer to two decimal places.) σ=
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon.
Agerange , years 18-28 29-39 40-50 51-61 62 and over
Midpoint x 23 34 45 56 67
Percent of super shoppers 6% 47% 25% 11% 11%
For the 62-and-over group, use the midpoint 67 years.
Age
Midpoint x 23 34 45 56 67
Percent of super shoppers 6% 47% 25% 11% 11%
For the 62-and-over group, use the midpoint 67 years.
(a) Compute the expected age μ of a super shopper. (Round your answer to two decimal places.)
μ =
(b) Compute the standard deviation σ for ages of super shoppers. (Round your answer to two decimal places.)
σ=
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