Basic Business Statistics, Student Value Edition (13th Edition)
13th Edition
ISBN: 9780321946393
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Textbook Question
Chapter 18, Problem 12CRP
The data in the file BankMarketing are from a direct marketing campaign conducted by a Portuguese banking institution.
The variables included were age, type of job, marital status, education, whether credit is in default, average yearly balance in account in Euros, whether there is a housing loan, whether there is a person loan, last contact duration in seconds, number of contacts performed during this campaign, and has the client purchased a term a team deposit.
Analyze the data and assess the likelihood that the client will purchase a term deposit.
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Please provide the solution for the attached image in detailed.
20 km, because
GISS
Worksheet 10
Jesse runs a small business selling and delivering mealie meal to the spaza shops.
He charges a fixed rate of R80, 00 for delivery and then R15, 50 for each packet of
mealle meal he delivers. The table below helps him to calculate what to charge
his customers.
10
20
30
40
50
Packets of mealie
meal (m)
Total costs in Rands
80
235
390
545
700
855
(c)
10.1.
Define the following terms:
10.1.1. Independent Variables
10.1.2. Dependent Variables
10.2.
10.3.
10.4.
10.5.
Determine the independent and dependent variables.
Are the variables in this scenario discrete or continuous values? Explain
What shape do you expect the graph to be? Why?
Draw a graph on the graph provided to represent the information in the
table above.
TOTAL COST OF PACKETS OF MEALIE MEAL
900
800
700
600
COST (R)
500
400
300
200
100
0
10
20
30
40
60
NUMBER OF PACKETS OF MEALIE MEAL
Let X be a random variable with support SX = {−3, 0.5, 3, −2.5, 3.5}. Part ofits probability mass function (PMF) is given bypX(−3) = 0.15, pX(−2.5) = 0.3, pX(3) = 0.2, pX(3.5) = 0.15.(a) Find pX(0.5).(b) Find the cumulative distribution function (CDF), FX(x), of X.1(c) Sketch the graph of FX(x).
Chapter 18 Solutions
Basic Business Statistics, Student Value Edition (13th Edition)
Ch. 18 - In many manufacturing processes, the term...Ch. 18 - Many factors determine the attendance at Major...Ch. 18 - The �le EuroTouism2 contains a sample of 27...Ch. 18 - The �le Philly contains a sample of 25...Ch. 18 - Professional basketball has truly become a sport...Ch. 18 - The data in UsedCars represent characteristics of...Ch. 18 - A study was conducted to determine whether any...Ch. 18 - Zagat’s publishes restaurant rating for various...Ch. 18 - The data in the file BankMarketing are from a...Ch. 18 - Prob. 13CRP
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