Refer to the mall visits histogram in part c of Exercise 77 and complete the sentences below
Question:
Choose the most “reasonable” answer.
a. The mean number of previous mall visits for recent customers is approximately
i) 2
ii) 7
iii) 12
iv) 18
b. The median number of previous mall visits for recent customers is approximately
i) 3
ii) 7
iii) 12
iv) 16
c. The standard deviation of the mall visits distribution is approximately
i) 2
ii) 4
iii) 6
iv) 13
Distribution
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
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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