2nd Edition

ISBN: 9780321997821

Author: James R. Evans

Publisher: PEARSON

Concept explainers

The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of tw…

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Z-Scores

A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow compar…

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Textbook Question

Chapter 3, Problem 10PE

Apply three different colors of data bars to lunch, dinner, and delivery sales in the Excel file Restaurant Sales to visualize the relative amounts of sales. Then sort the data (hint: use a custom sort) by the day of the week beginning on Sunday. Compare the nonsorted data with the sorted data as to the information content of the visualizations.

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Chapter 3, Problem 9PE

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Chapter 3 Solutions

Business Analytics (2nd Edition)

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Solution Summary: The author explains how to create three different colors of data bars to lunch, dinner and delivery sales and compare it with sorted data.

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Chapter 3 Solutions