Loose Leaf for Statistical Techniques in Business and Economics
17th Edition
ISBN: 9781260152647
Author: Douglas A. Lind
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 2, Problem 47CE
a.
To determine
Draw a bar chart to depict the given information.
b.
To determine
Find the percentage of Country U’s total exports to Country C that is represented by two categories “Machinery” and “Electrical Machinery”.
c.
To determine
Find the percentage of the top five exported products represented by the two categories “Machinery” and “Electrical Machinery”.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Which measures are used in the five-number summary?
Two nurses at Northwood Hospital’s Cardiac Care Unit are assigned to care for eight patients. Nurses are responsible for administering medication, taking vital signs, and responding to frequent calls for assistance that can come either from the patient, or the equipment monitoring the patient’s current condition. On an average, each patientrequires attention three times each hour. Nurses average 6 minutes per patient visit.a. What is the average utilization of the nursing staff?b. On an average, how many patients are waiting for a nurse?c. By how much would adding a third nurse reduce the patient waiting time?
A university administrator requested a breakdown of travel expenses for faculty to attend various professional meetings. It was found that 31% of the travel expenses was spent for transportation costs, 25% was spent for lodging, 17% was spent for food, and 20% was spent for conference registration fees; the remainder was spent for miscellaneous costs.a. Construct a pie chart.b. Construct a bar chart.
Chapter 2 Solutions
Loose Leaf for Statistical Techniques in Business and Economics
Ch. 2 - DeCenzo Specialty Food and Beverage Company has...Ch. 2 - A pie chart shows the relative market share of...Ch. 2 - In a marketing study, 100 consumers were asked to...Ch. 2 - A total of 1,000 residents in Minnesota were asked...Ch. 2 - Two thousand frequent business travelers are asked...Ch. 2 - Wellstone Inc. produces and markets replacement...Ch. 2 - A small business consultant is investigating the...Ch. 2 - In the first quarter of last year, the 11 members...Ch. 2 - Prob. 3SRCh. 2 - A set of data consists of 38 observations. How...
Ch. 2 - A set of data consists of 45 observations between...Ch. 2 - A set of data consists of 230 observations between...Ch. 2 - A set of data contains 53 observations. The...Ch. 2 - Wachesaw Manufacturing Inc. produced the following...Ch. 2 - The Quick Change Oil Company has a number of...Ch. 2 - The manager of the BiLo Supermarket in Mt....Ch. 2 - The food services division of Cedar River...Ch. 2 - The annual imports of a selected group of...Ch. 2 - Mollys Candle Shop has several retail stores in...Ch. 2 - The following chart shows the number of patients...Ch. 2 - The following frequency distribution reports the...Ch. 2 - Prob. 18ECh. 2 - A sample of the hourly wages of 15 employees at...Ch. 2 - The following cumulative frequency and the...Ch. 2 - The cumulative frequency and the cumulative...Ch. 2 - The frequency distribution representing the number...Ch. 2 - Prob. 22ECh. 2 - Describe the similarities and differences of...Ch. 2 - Describe the similarities and differences between...Ch. 2 - Alexandra Damonte will be building a new resort in...Ch. 2 - Prob. 26CECh. 2 - A data set consists of 83 observations. How many...Ch. 2 - A data set consists of 145 observations that range...Ch. 2 - The following is the number of minutes to commute...Ch. 2 - The following data give the weekly amounts spent...Ch. 2 - A social scientist is studying the use of iPods by...Ch. 2 - David Wise handles his own investment portfolio,...Ch. 2 - You are exploring the music in your iTunes...Ch. 2 - The monthly issues of the Journal of Finance are...Ch. 2 - The following histogram shows the scores on the...Ch. 2 - The following chart summarizes the selling price...Ch. 2 - A chain of sport shops catering to beginning...Ch. 2 - The numbers of outstanding shares for 24 publicly...Ch. 2 - A recent survey showed that the typical American...Ch. 2 - Midland National Bank selected a sample of 40...Ch. 2 - Residents of the state of South Carolina earned a...Ch. 2 - A recent study of home technologies reported the...Ch. 2 - Merrill Lynch recently completed a study regarding...Ch. 2 - A total of 5.9% of the prime-time viewing audience...Ch. 2 - Refer to the following chart: a. What is the name...Ch. 2 - The following chart depicts the annual revenues,...Ch. 2 - Prob. 47CECh. 2 - Prob. 48CECh. 2 - One of the most popular candies in the United...Ch. 2 - The number of families who used the Minneapolis...Ch. 2 - Refer to the North Valley Real Estate data that...Ch. 2 - Prob. 52DACh. 2 - Refer to the Lincolnville School District bus...
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
- Company X pays its 50 employees a mean monthly salary of Php19,500; a second company Y pays its 62 employees a mean monthly salary of Php24,500; and, a third company Z pays its 75 employees an average monthly salary of Php28,000. What is the average monthly salary per employee in all the three companies? (Round off answer to the nearest peso.)A. Php 24,000 B. Php24,500 C. Php24,567 D. Php28000arrow_forwardI tried to find the answer but I could not.arrow_forwardAn article comparing the value of several popular Caribbean resorts collected the following data: price per night, amenities (pool, weight room, etc.), whether the resort was all inclusive or not, location (beach, inland, etc.), average room size (square feet), and resort size (acres). Choose the best answer below: A. Price per night, quantitative, dollars; amenities, categorical; all inclusive or not, quantitative, yes or no; location, categorical; average room size, quantitative, square feet. B. Price per night, quantitative, dollars; amenities, categorical; all inclusive or not, categorical; location, categorical. C. Amenities, categorical; all inclusive or not, categorical; location, quantitative, feet; average room size, quantitative, square feet; resort size, quantitative, acres. D. Price per night, categorical; amenities, categorical; all inclusive or not, categorical; location, categorical; average room size, quantitative, square feet; resort…arrow_forward
- Determine the difference between the 2014 cranberry production in Washington and the 2014 cranberry production in New Jersey.arrow_forwardDescribe Four key differences between the activity bar chart and the staff allocation chart.arrow_forwardThe accompanying table gives the population of 6 regions in 2008 and the area of these regions. Use the table to answer the following questions. Complete parts (a) through (c) below. LOADING... Click the icon to view the data table. a. Determine and report the rankings of the population density by dividing each population by the number of square miles to get the population density (in people per square mile). Use rank 1 for the highest density and 6 for the lowest density. Region Population Area (square miles) Population Density Rank Rate A 12,459,500 49,919 nothing ▼ 3 4 6 1 5 2 B 12,982,395 59,329 nothing ▼ 4 1 6 2 5 3 C 18,345,648 45,938 nothing ▼ 2 6 1 4 3 5 D 19,433,196 49,599 nothing ▼ 1 4 6 3 2 5 E 24,385,213 267,477 nothing ▼ 3 1 2 5 4 6 F 36,784,071 150,713 nothing ▼ 5 3 6 4 1 2 (Round to two decimal places as…arrow_forward
- The average monthly residential gas bill for Black Hills Energy customers in Cheyenne, Wyoming is (Wyoming Public Service Commission website). How is the average monthly gas bill for a Cheyenne residence related to the square footage, number of rooms, and age of the residence? The following data show the average monthly gas bill for last year, square footage, number of rooms, and age for typical Cheyenne residences. Average Monthly Gas Number of Bill for Last Year Age Square Footage Rooms $70.20 16 2537 6 $81.33 2 3437 8 $45.86 27 976 6 $59.21 11 1713 7 $117.88 16 3979 11 $57.78 2 1328 7 $47.01 27 1251 6 $52.89 4 827 5 $32.90 12 645 4 $67.04 29 2849 5 $76.76 1 2392 7 $60.40 26 900 5 $44.07 14 1386 5 $26.68 20 1299 4 $62.70 17 1441 6 $45.37 13 562 4 $38.09 10 2140 4 $45.31 22 908 6 $52.45 24 1568 5 $96.11 27 1140 10…arrow_forward2. Use the following information to find your course average: Homework: 83, 92, 95, 90 Test Grades: 90, 78, 84, 88 Class Participation: 90, 100 Final exam: 84arrow_forwardWhich statement about student art prefernces is unbiased? A.surveying the first 5 students entering the art museum B.surveying students through an online survey C.surveying every 15th students entering the room D.surveying all students in an art classarrow_forward
- Your electronic files, including both excel and word files, must be submitted. Please use a separate worksheet in excel for each question and label them respectively. Please type the section number of your class, name and ID of the team members on the file. 1. Researchers wanted to understand college students' usage of time. A formal survey of 3,000 students was taken and the results are summarized as follows: Activity Attending class Sleeping Socializing & recreation Studying Working, volunteering, student clubs Percentage (%) a) Construct a bar chart, a pie chart, and a Pareto chart. b) What conclusions can you reach concerning what college students do with their time? ii. iii. iv. 9 24 51 7 9 2. Examine the data in the file "Class survey data.xls" posted in the week 5 of course portal. a) Create a descriptive statistics summary table using Data Analysis Toolpak (Add in for Excel) for survey questions 2 through 10 inclusive. b) Identify the data types of each of the 9 variables as…arrow_forwarda. Complete the last column of a copy of this table. Ago Number of People Proportion of Population Under 18 74,181,467 0.2403 18–44 112,806,642 45-64 81,489,445 0.2639 65 and Over 40,267,984 Total 308,745,538 Source: Age and Sex Composition: 2010, Census Briefs, www.census.gov/prod/ cen2010/briefs/c2010br-03.pdfarrow_forwardPlease answer B, D and E:arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Sampling Methods and Bias with Surveys: Crash Course Statistics #10; Author: CrashCourse;https://www.youtube.com/watch?v=Rf-fIpB4D50;License: Standard YouTube License, CC-BY
Statistics: Sampling Methods; Author: Mathispower4u;https://www.youtube.com/watch?v=s6ApdTvgvOs;License: Standard YouTube License, CC-BY