Solution Manual for Essentials of Modern Business Statistics with Microsoft Excel 7th Edition by Anderson
Solutions to
Case Problems
Chapter 2
Descriptive Statistics: Tabular and Graphical Displays
Case Problem 1: Pelican Stores
- Solution Manual for Essentials of Modern Business Statistics There were 70 Promotional customers and 30 Regular customers Percent frequency distributions for many of the variables are given.
No. of Items | Percent Frequency |
1 | 29 |
2 | 27 |
3 | 10 |
4 | 10 |
5 | 9 |
6 | 7 |
7 or more | 8 |
Total: | 100 |
Net Sales | Percent Frequency |
0.00 – 24.99 | 9 |
25.00 – 49.99 | 30 |
50.00 – 74.99 | 25 |
75.00 – 99.99 | 10 |
100.00 – 124.99 | 12 |
125.00 – 149.99 | 4 |
150.00 – 174.99 | 3 |
175.00 – 199.99 | 3 |
200 or more | 4 |
Total: | 100 |
Method of Payment | Percent Frequency |
American Express | 2 |
Discover | 4 |
MasterCard | 14 |
Proprietary Card | 70 |
Visa | 10 |
Total: | 100 |
Gender | Percent Frequency |
Female | 93 |
Male | 7 |
Total: | 100 |
Martial Status | Percent Frequency |
Married | 84 |
Single | 16 |
Total: | 100 |
Age | Percent Frequency |
20 – 29 | 10 |
30 – 39 | 30 |
40 – 49 | 33 |
50 – 59 | 16 |
60 – 69 | 7 |
70 – 79 | 4 |
Total: | 100 |
Solution Manual for Essentials of Modern Business Statistics These percent frequency distributions provide a profile of Pelican’s customers. Many observations are possible, including:
- A large majority of the customers use National Clothing’s proprietary credit card
- The percent frequency distribution of net sales shows that 61% of the customers spent $50 or more.
- Customers are distributed across all adult age groups.
- The overwhelming majority of customers are female.
- Most of the customers are married.