STAT TECH IN BUSINESS & ECON AC
18th Edition
ISBN: 9781264731657
Author: Lind
Publisher: MCG
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Question
Chapter 1, Problem 17CE
(a)
To determine
To calculate: The difference between the 2017 sales to the 2018 sales for each company and obtain the sales has increased and decreased.
(b)
To determine
To calculate: The percentage change in sales.
(c)
To determine
To draw: A bar graph to show both the data for the top 10 manufacturers and to show the percentage change for the top 10 companies. Also, compare the graphs.
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MarkLines is an online portal (www.marklines.com) that reports automotive industry data. The table below shows the number of cars sold in the United States from January to November in 2017 and 2018. The top 22 manufacturers, plus others, are listed here. Sales data often is reported in this way to compare current sales to last year’s sales.
Car Sales
Manufacturer
Jan.-Nov.2017
Jan.-Nov.2018
GM (Est.)
2,691,493
2,654,568
Ford
2,334,290
2,265,590
Toyota
2,211,533
2,205,762
Fiat Chrysler
1,887,430
2,038,684
Honda
1,492,112
1,449,713
Nissan
1,455,238
1,345,157
Hyundai
621,961
612,225
Subaru
584,614
615,594
Kia
546,629
542,245
Mercedes (includes Sprinter)
332,990
318,012
BMW
271,432
276,657
VW
309,395
322,017
Mazda
262,577
274,455
Audi
199,534
200,558
Tesla (Est.)
40,320
106,050
Land Rover
66,759
81,526
Volvo
71828
89437
Mitsubishi
95,185
109,088
Porsche
51,507
53,116
MINI
42,494
40,887
Jaguar
36,180
27,021
Others
18,901
17,251
smart…
Each week the Wall Street Journal and Harris Interactive track the opinions and experiences of college recruiters for large corporations and summarize the results in the Business School Survey. Data have been gathered for the top 10 business schools from a list of 76 and is summarized below.
Please complete the questions below and upload this document and your EXCEL document to the portal in CANVAS.
School
Ranking
Enrollment
(# of full-time students)
Annual Tuition
($)
Mean GMAT
% with Job Offer
Average Salary ($)
Dartmouth
1
503
38,400
704
89
119,800
Michigan
2
1873
33,076
690
91
105,986
Carnegie Mellon
3
661
38,800
691
93
95,531
Northwestern
4
2650
38,844
700
94
117,060
Yale
5
468
36,800
696
86
104,018
Pennsylvania
6
1840
40,458
716
92
117,471
California Berkeley
7
1281
21,512
701
92
112,699
Columbia
8
1796
38,290
709
95
126,319
North…
Discuss how statistics, as a way of organizing and summarizing data, helped make good decisions when shopping
Chapter 1 Solutions
STAT TECH IN BUSINESS & ECON AC
Ch. 1 - Prob. 1SRCh. 1 - (a) The mean age of people who listen to talk...Ch. 1 - What is the level of measurement for each of the...Ch. 1 - Slate is a daily magazine on the Web. Its business...Ch. 1 - Prob. 3ECh. 1 - For each of the following, determine whether the...Ch. 1 - Explain the difference between qualitative and...Ch. 1 - Explain the difference between a sample and a...Ch. 1 - Prob. 7CECh. 1 - Prob. 8CE
Ch. 1 - Exits along Interstate highways were formerly...Ch. 1 - A poll solicits a large number of college...Ch. 1 - Best Buy sells Fitbit wearable technology products...Ch. 1 - Using the concepts of sample and population,...Ch. 1 - Place these variables in the following...Ch. 1 - Prob. 14CECh. 1 - Prob. 15CECh. 1 - AVX Home Entertainment, Inc., recently began a...Ch. 1 - Prob. 17CECh. 1 - The following chart depicts the average amounts...Ch. 1 - Prob. 19CECh. 1 - Refer to the North Valley Real Estate data, which...Ch. 1 - Prob. 21DACh. 1 - Refer to the Lincolnville School District bus...
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- Last week a gumball machine dispensed 10 white gumballs and 16 other gumballs. Considering this data, how many of the next 78 gumballs dispensed should you expect to be white gumballs?arrow_forwardIdentify the type of data that would be used when the variable of interest is most-watched TV show.arrow_forwardThe Wall Street Journal’s website, www.wsj.com, reported the number of cars and light-duty trucks sold through October of 2014 and October of 2015. The top sixteen manufacturers are listed here. The sales information for all manufacturers can be accessed in a data file below. Sales data are often reported in this way to compare current sales to last year’s sales. Year-to-Date Sales Manufacturer Through October 2015 Through October 2014 General Motors Corp. 2,562,840 2,434,707 Ford Motor Company 2,178,587 2,065,612 Toyota Motor Sales USA Inc. 2,071,446 1,975,368 Chrysler 1,814,268 1,687,313 American Honda Motor Co Inc. 1,320,217 1,281,777 Nissan North America Inc. 1,238,535 1,166,389 Hyundai Motor America 638,195 607,539 Kia Motors America Inc. 526,024 489,711 Subaru of America Inc. 480,331 418,497 Volkswagen of America Inc. 294,602 301,187 Mercedes-Benz 301,915 281,728 BMW of North America Inc.…arrow_forward
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