Datacrackers, Inc., generated preliminary data from a client’s process as found in Prob04-05 in spreadsheet Ch04Data.xlsx on the Student Companion Site.
a. Apply the Excel Descriptive Statistics tool to compute the mean, standard deviation, and other relevant statistics, and interpret the results in a meaningful fashion.
b. Use the Frequency Distribution and Histogram Excel template to construct a frequency distribution and histogram for the data. From what type of distribution might you suspect the data are drawn? Experiment with the number of cells to create a visually appealing histogram and use the Excel Histogram tool to verify the results. Interpret your results from parts a. and b. for managerial purposes

Datacrackers, Inc.
Note: The Histogram macro and the Descriptive Statistics macro have been used to develop this solution.
They can be loaded into the Data menu during standard setup of Excel.
If available, they will show up as the Data Analysis label on the Data menu.
SORTED
DATA
1	1.7			Upper Cell		Cumulat.				Original Data set
2	1.7			Boundaries	Frequencies	Freq.	Cumulative %
3	1.9		Cell 1	1.5	0	0	0.01			38.1	38.5	38.3	37.3	38.4	39.2	38.9	38.7	39.0	38.6
4	1.9		Cell 2	2.0	5	5	0.04			38.1	38.5	38.4	37.6	38.4	39.2	38.9	38.7	39.0	38.6
5	2.0		Cell 3	2.5	9	14	0.12			38.2	38.5	38.4	37.7	38.4	39.3	38.9	38.7	39.1	38.7
6	2.3		Cell 4	3.0	9	23	0.38			38.2	38.5	38.4	37.8	38.4	39.3	38.9	38.7	39.1	38.7
7	2.4		Cell 5	3.5	20	43	0.67			38.3	38.6	38.4	37.9	38.4	39.3	38.9	38.7	39.1	38.7
8	2.4		Cell 6	4.0	31	74	0.82			38.3	38.6	38.4	37.9	38.4	39.4	39.0	38.7	39.1	38.7
9	2.4		Cell 7	4.5	14	88	0.95			38.3	38.6	38.4	37.9	38.4	39.4	39.0	38.7	39.1	38.7
10	2.5		Cell 8	5.0	11	99	0.99			38.3	38.6	38.4	38.1	38.4	39.5	39.0	38.8	39.1	38.7
11	2.5		Cell 9	5.5	1	100	1			38.3	38.6	38.4	38.1	38.5	39.6	39.0	38.8	39.2	38.7
12	2.5									38.3	38.6	38.4	38.1	38.5	39.9	39.0	38.8	39.2	38.7
13	2.5
14	2.5			Descriptive Statistics
15	2.6
16	2.6			Mean	3.5910
17	2.7			Standard Error	0.0809
18	2.8			Median	3.6500
19	2.8			Mode	3.6000
20	2.9			Standard Deviation	0.8088
21	3.0			Sample Variance	0.6542
22	3.0			Kurtosis	-0.2919
23	3.0			Skewness	-0.2404
24	3.1			Range	3.6000
25	3.1			Minimum	1.7000
26	3.1			Maximum	5.3000
27	3.1			Sum	359.1000
28	3.2			Count	100.0000							Fantastic news! We've Found the answer you've been seeking! Answer rating: 80% (5 reviews) a One of the advantages of using Excel spreadsheets is that a great deal of analysis can be done eas...View the full answer Answered By Nimmy John V I did my under graduation and post graduation in Chemistry with 1st class. After that I have taught in a college for one year. I have completed PhD in Chemistry/Nanotechnology from one of the best institute in India. Now I am working as Associate Professor and Head, Dept. of Chemistry, VVIT Kerala. 0.00 0 Reviews 10+ Question Solved Related Book For   An Introduction To Six Sigma And Process Improvement ISBN: 9781133604587 2nd Edition Authors: James R. Evans, William M. 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