Business Analytics
Business Analytics
3rd Edition
ISBN: 9780135231715
Author: Evans
Publisher: PEARSON
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Textbook Question
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Chapter A4, Problem 2PE

Construct histograms using the Histogram chart for the gross sales and gross profit data in the Excel file Sales Data.

Expert Solution & Answer
Check Mark
To determine

To construct histogram for gross sales and gross profit.

Explanation of Solution

Given:

The data contains Customer, Percent gross, gross sales, gross profit, Industry code and competitive rating.

Following is the process to construct histogram for gross sales:

First select column of gross sales then click on

Insert→Charts→Histogram

Histogram for gross sales is:

  Business Analytics, Chapter A4, Problem 2PE , additional homework tip  1

The shape of the distribution of data is right skewed.

Following is the histogram for gross profit:

  Business Analytics, Chapter A4, Problem 2PE , additional homework tip  2

The shape of the distribution of data is right skewed.

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