It has become more common for shoppers to comparison shop using the Internet. Respondents to a Pew
Question:
a) Find the conditional distribution (in percentages) of in-come distribution for those who do not compare prices on the Internet.
b) Find the conditional distribution (in percentages) of income distribution for shoppers who do compare prices.
c) Create a graph comparing the income distributions of those who compare prices with those who dont.
d) Do you see any differences between the conditional distributions? Write a brief summary of what these data show about Internet use and its relationship to income.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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