Chapter 2, Problem 2SR

In the first quarter of last year, the 11 members of the sales staff at Master Chemical Company earned the following commissions:

$1,650 $1,475 $1,510 $1,670 $1,595 $1,760 $1,540 $1,495 $1,590 $1,625 $1,510

1. (a) What are the values such as $1,650 and $1,475 called?
2. (b) Using $1,400 up to $1,500 as the first class, $1,500 up to $1,600 as the second class, and so forth, organize the quarterly commissions into a frequency distribution.
3. (c) What are the numbers in the right column of your frequency distribution called?
4. (d) Describe the distribution of quarterly commissions, based on the frequency distribution. What is the largest concentration of commissions earned? What is the smallest, and the largest? What is the typical amount earned?