Pearson eText for Basic Business Statistics -- Instant Access (Pearson+)
14th Edition
ISBN: 9780137400119
Author: MARK BERENSON, David Levine
Publisher: PEARSON+
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 2, Problem 15PS
The file NBACost contains the total cost (
a. Organize these costs as an ordered array.
b. Construct a frequency distribution and a percentage distribution for these costs.
c. Around what amount does the monthly electricity cost seems to be concentrated? Explain.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
a.) Construct a frequency and relative frequency bar chart for the data.
b.) Construct a pie chart to display the relative frequency information.
The table to the right shows the arrival
data for two airlines in five cities.
Complete parts (a) through (c) below.
Excelsior Airlines
Percentage Number of
on-time arrivals
Destination
Los Angeles
94.5%
Phoenix
95.7%
San Diego
94.4%
San Francisco 83.5%
85.9%
Seattle
Total
440
277
101
631
2183
3632
Paradise Airlines
Percentage Number of
on-time
arrivals
87.9%
94.6%
88.6%
75.6%
72.8%
821
5177
406
405
259
7068
a. Which airline has the higher percentage of on-time flights to the five cities?
Excelsior Airlines has the higher percentage of on-time flights.
b. Compute the percentage of on-time flights for the two airlines over all five cities.
Over all five cities, Excelsior Airlines had an on-time percentage of % and Paradise Airlines had an on-time
percentage of %.
(Round to the nearest tenth as needed.)
Please answer C. and D.
Palisades Eco-Park is a small ecological reserve that admits a relatively small number of visitors on any day, but provides both educational and entertaining lectures, exhibitions, and opportunities to observe nature. The company has collected the following data on labor costs and number of visitors to the park over the last 30 months.
Month
Labor Cost
Visitors
1
$
25,820
1,700
2
$
36,290
2,592
3
$
39,968
2,811
4
$
31,648
2,222
5
$
34,809
2,373
6
$
32,672
2,181
7
$
32,023
2,205
8
$
38,334
2,676
9
$
38,568
2,760
10
$
46,933
3,572
11
$
42,157
2,976
12
$
39,030
2,804
13
$
34,444
2,415
14
$
33,173
2,336
15
$
36,971
2,508
16
$
26,500
2,099
17
$
30,663
3,397
18
$
29,961
2,786
19
$
27,590
2,412
20
$
30,003
2,972
21
$
25,692
2,000
22
$
24,655
1,794
23
$
28,892
3,267
24
$
30,153
3,817
25
$
28,119
2,592
26
$
31,690
3,274
27
$
28,651
2,989
28
$
29,927
3,050
29
$
28,438
2,511
30
$
27,874
2,075…
Chapter 2 Solutions
Pearson eText for Basic Business Statistics -- Instant Access (Pearson+)
Ch. 2 - A categorical variable has three categories, with...Ch. 2 - The following data represent the responses to two...Ch. 2 - The following table, stored in Smartphones Sales,...Ch. 2 - The Consumer Financial Protection Bureau reports...Ch. 2 - In addition to the impact of Big Data, what...Ch. 2 - This table represents the summer power-generating...Ch. 2 - Timetric’s 2016 survey of insurance...Ch. 2 - A survey of 1,520 Americans adults asked “Do you...Ch. 2 - A study of selected Kickstarter projects showed...Ch. 2 - Do special recommendations increase ad...
Ch. 2 - Construct an ordered array, given the following...Ch. 2 - Construct an ordered array, given the following...Ch. 2 - Planning and preparing for the unexpected,...Ch. 2 - Data was collected on salaries of compliance...Ch. 2 - The file NBACost contains the total cost ($ ) for...Ch. 2 - The file Utility contains the following data about...Ch. 2 - How much time do commuters living in or near...Ch. 2 - How do the average credit scores of people living...Ch. 2 - One operation of a mill is to cut pieces of steel...Ch. 2 - Call centers today play an important role in...Ch. 2 - The financial service call centre in problem 2.20...Ch. 2 - The file Bulbs contains the life (in hours) of a...Ch. 2 - The file Drink Contains the following data for the...Ch. 2 - A survey of online shoppers revealed that in 2015...Ch. 2 - How do college students spend their day? The 2016...Ch. 2 - The Energy Information Administration reported the...Ch. 2 - The Consumer Financial Protection Bureau reports...Ch. 2 - The following table indicates the percentage of...Ch. 2 - Timetric’s 2016 survey of insurance...Ch. 2 - A survey of 1,520 American adults asked “Do you...Ch. 2 - A study of selected Kickstarter projects showed...Ch. 2 - Do special recommendations increase ad...Ch. 2 - Construct a stern-and-leaf display, given the...Ch. 2 - Construct an ordered array, given the following...Ch. 2 - The following is a stern-and0-leaf display...Ch. 2 - The file NBACost contains the total cost in$ for...Ch. 2 - The file MobileSpeed contains the overall download...Ch. 2 - The file Utility contains the following data about...Ch. 2 - As player salaries have increases, the cost of...Ch. 2 - The following histogram and cumulative percentage...Ch. 2 - How much time do Americans living in cities spend...Ch. 2 - How do the average credit scores of people living...Ch. 2 - One operation of a mill is to cut pieces of steel...Ch. 2 - Call centers today play an important role in...Ch. 2 - The financial service call center in problem 2.44...Ch. 2 - The file Bulbs contains the life (in hours) of a...Ch. 2 - The data stored in Drink represents the amount of...Ch. 2 - The following is a set of data from a sample of...Ch. 2 - The following is a series of annual sales...Ch. 2 - Movie companies need to predict the gross receipts...Ch. 2 - Data were collected on the typical cost of dining...Ch. 2 - The file Mobile contains the overall download and...Ch. 2 - A Pew Research Center survey found a noticeable...Ch. 2 - How have stocks performed in the past? The...Ch. 2 - The file NewHomeSales contains the number of new...Ch. 2 - The file Movie Attendance 16 contains the yearly...Ch. 2 - The Super Bowl is a big viewing event watched by...Ch. 2 - Using the sample of retirement funds stored in...Ch. 2 - Using the sample of retirement funds stored in...Ch. 2 - Prob. 60PSCh. 2 - Using the sample of retirement funds stored in...Ch. 2 - Prob. 62PSCh. 2 - Using the sample of retirement funds stored in...Ch. 2 - Prob. 64PSCh. 2 - Using the sample of retirement funds stored in...Ch. 2 - Prob. 66PSCh. 2 - Prob. 67PSCh. 2 - Prob. 68PSCh. 2 - Prob. 71PSCh. 2 - Prob. 72PSCh. 2 - Examine the following visualization, adapted from...Ch. 2 - Prob. 75PSCh. 2 - Prob. 76PSCh. 2 - How do histograms and polygons differ in...Ch. 2 - Why would you construct a summary table?Ch. 2 - What are the advantages and disadvantage of using...Ch. 2 - Compare and contrast the bar chart for categorical...Ch. 2 - What is the difference between a time-series plot...Ch. 2 - Why is it said that the main feature of a Pareto...Ch. 2 - What are the three different ways to break down...Ch. 2 - How can a multidimensional table differ from a...Ch. 2 - What type of insights can you gain from a...Ch. 2 - Prob. 86PSCh. 2 - What is the difference between a time-series plot...Ch. 2 - The following table shown in the TextbookCosts...Ch. 2 - The following table represents the market share...Ch. 2 - B2B marketers in North America were surveyed about...Ch. 2 - The owner of a restaurant that services...Ch. 2 - Suppose that the owner of the restaurant in...Ch. 2 - The following data represents the pounds per...Ch. 2 - The Air Travel Consumer Report, a monthly product...Ch. 2 - One of the major measures of the quality of...Ch. 2 - The file DomesticBeer Contains the percentage...Ch. 2 - Prob. 97PSCh. 2 - The file CDRate contains the yields for one-year...Ch. 2 - The file CEO 2016 includes the total compensation...Ch. 2 - Prob. 100PSCh. 2 - What was the average price of a room at two-star,...Ch. 2 - The file Protein contains calorie and cholesterol...Ch. 2 - The file Natural Gas contains the U.S. monthly...Ch. 2 - The data stored in Drink represent the amount of...Ch. 2 - Prob. 105PSCh. 2 - A/B testing allows business to test a new design...Ch. 2 - Referring to the results from Problem 2.100 on...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Please explain. I am very lost ):arrow_forwardB. Present the following data in Tabular Form. Stat Mountain Bike Shop has sold 50 bicycles the month of January. Similarly, in the month of February 60 bicycles were sold. While in March the sales go down to 45 and 30 in May.arrow_forwardThe Lawson Fabric Mill Produces five different fabrics. Each fabric can be woven on one or more of the mill’s 36 looms. The sales department’s forecast of demand for the next month is shown in below Table 1, along with data on the selling price per yard, variable cost per yard, and purchase price per yard. The mill operates 24 hours a day and is scheduled for 30 days during the coming month. The mill has two types of looms: draw and regular. The draw looms are more versatile and can be used for all five fabrics. The regular looms can produce only three of the fabrics. The mill has a total of 36 looms: 8 are draw and 28 are regular. The rate of production for each fabric on each type of loom is given in below Table 2. The time required to change over from producing one fabric to another is negligible and does not have to be considered. The Lawson Fabric Mill satisfies all demand with either its own fabric or fabric purchased from another mill. Fabrics that cannot be woven at the…arrow_forward
- Listed in the table below are the selling prices, number of bedrooms, number of full baths, and above-ground square footage for 15 single-family residential homes that sold in Boulder, CO in January of 2011. 4 Sale Price # Bedrooms# Full baths $479,500 3 $394,100 3 $638,000 3 $745,900 $300,000 $1,366,600 $587,500 5 $399,000 3 $1,450,000 5 $275,200 2 $298,500 3 3 $1,269,000 $490,000 3 1026 4 3774 $1,700,000 5 2 $310,000 2 1760 Assuming the regression assumptions are met, perform the multiple regression of y = sale price on the set of predictor variables x₁ = number of bedrooms, x2 = number of full baths and x3 = above-ground square footage. Conduct the F test for the significance of overall regression and state your conclusion. Use a significance level of a = 0.05. 3 LO 5 1 1 2 2 1 3 2 1 2 1 1 3 Above-Ground Sq.Ft. 2 1222 1128 1204 4521 950 3536 1204 1070 5308 745 1026 2598 Select one: a. Since the p-value is approximately 0, there is evidence that a linear relationship exists between…arrow_forwardBob and Pat are trying to decide where to spend their retirement. They have narrowed the field to four retirement centers. Their decision will be based largely upon the quality of care offered at the hospitals local to each of the retirement communities. They are researching the closest vicinity hospital to each of the retirement centers, and they want to know each hospital's death rate. Use the statistics listed in Table 6 to calculate the gross death rate (rounded to 1 decimal place) for each retirement center. Table 6 Hospital Death Statistics Hospital Death Statistics Hospital Discharged Patients Inpatient Deaths Death Rates Northern Sea Breeze 223 23 Great Plains City 418 28 Rocky Mount Center 215 32 South Beach Cove 319 29…arrow_forwardThe table below shows the share of income going to each quintile of the income distribution for Neverland in 1980 and 1990. Complete the table below finding the the cumulative share of income for 1980 and 1990 and answer the following: Share of income in Cumulative share of Share of income in Cumulative share of Quintiles 1980 income in 1980 1990 income in 1990 1st 7% 6.6.% 2nd 11.5% 11.5% 3rd 17% 16.3% 4th 24.8% 22.7% 5th 39.7% 42.9% a) Sketch the Perfect Equality line and the Lorenz curve for 1980 and for 1990. Don't forget to label your graph and your curves! b) According to the Lorenz curves that you draw in (a), which year had worse income inequality, 1980 or 1990? JUSTIFY your answer! NOTE: This is a file upload question. Work your answer in a piece of paper, take a picture and upload your file.arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALFunctions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Functions and Change: A Modeling Approach to Coll...
Algebra
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Cengage Learning
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY