EBK BUSINESS STATISTICS
EBK BUSINESS STATISTICS
7th Edition
ISBN: 9780134462783
Author: STEPHAN
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
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Chapter 2, Problem 2.1LB

a.

To determine

The percentage of values in each category.

a.

Expert Solution
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Explanation of Solution

Given:

    CategoryFrequency
    A13
    B28
    C9

Calculation:

The percentage of values in each category can be computed as:

    CategoryFrequencyPercentage
    A13

      1350×100=26%

    B282850×100=56%
    C9950×100=18%
    Total50

b.

To determine

To explain: The conclusion that is drawn for the categories.

b.

Expert Solution
Check Mark

Explanation of Solution

From above part, it is known the percentage of category B is highest among the categories A and C. It means that the value of category B is more than the other categories. This category is accounting approx. 56% to the variable.

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Chapter 2 Solutions

EBK BUSINESS STATISTICS

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