In a recent year, visitors to Hawaii spent nearly $11 billion. The table below shows the average
Question:
In a recent year, visitors to Hawaii spent nearly $11 billion. The table below shows the average daily expenditure per person for visitors from various markets around the world.
Market Daily Expenditure
US West……………………… $144.1
US East………………………. 169.6
Japan…………………………. 234.7
Canada ………………………. 146.5
Europe………………………. 132.1
Oceania……………………… 171.0
Other Asia…………………… 194.9
Latin America……………….. 179.6
Other………………………… 169.5
a. Determine and interpret the median market expenditure.
b. Determine and interpret the 25th percentile for market expenditures.
c. Determine and interpret the 75th percentile for market expenditures.
Step by Step Answer:
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed