Question
A chain of sport shops catering to beginning skiers, headquartered in Aspen, Colorado, plans to conduct a study of how much a beginning skier spends
A chain of sport shops catering to beginning skiers, headquartered in Aspen, Colorado, plans to conduct a study of how much a beginning skier spends on his or her initial purchase of equipment and supplies. Based on these figures, it wants to explore the possibility of offering combinations, such as a pair of boots and a pair of skis, to induce customers to buy more. A sample of 44 cash register receipts revealed these initial purchases:
$ 143 | $ 84 | $ 139 | $ 161 | $ 175 | $ 84 | $ 126 | $ 149 | $ 140 |
127 | 263 | 232 | 132 | 172 | 149 | 170 | 215 | 105 |
220 | 126 | 90 | 171 | 162 | 229 | 121 | 116 | 149 |
126 | 144 | 118 | 172 | 156 | 215 | 87 | 172 | 230 |
162 | 195 | 128 | 126 | 142 | 118 | 127 | 144 |
a-1. Find the smallest class interval. Use five classes. (Round your answer to 1 decimal place.)
a-2. What would be a better class interval?
b. Organize the data into a frequency distribution using a lower limit of $80.
class | class | frequency |
---|---|---|
$80 | $120 | |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started