Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In addition, the analyst wanted to go deeper into the analysis and wanted to calculate more metrics to understand the customer behavior. The analyst accordingly

In addition, the analyst wanted to go deeper into the analysis and wanted to calculate more metrics to understand the customer behavior. The analyst accordingly produced the below table for some selected categories, seetable 3.

Table 3: Descriptive Analysis for some selected categories

Descriptive Metric

Total_Amount

Appliances

Clothing

Entertainment

Fitness

Food

Health

Telcos

Sum

34077.24

5984.32

6967.4

589.08

586.38

779.15

624.72

8972.55

Total Variation

72567931.58

7302091.642

5323442.163

335448.0715

43901.89

156393.6

261346.29

29077726.99

Minimum

22.8

0

0

0

0

0

0

0

Maximum

7178.26

2381.21

1848.36

589.08

139.22

329.46

511.38

4831.79

Median

547.31

0

38.94

0

0

0

0

0

First Quartile

184.9775

0

0

0

0

0

0

0

Third Quartile

1487.4425

42.75

237.6975

0

0

0

0

0

Based on given values in table 3, answer the following questions:

The z-score for the 2nd quartile of the total_amount ($) is:

a.-0.182574186

b.

-0.372087781

c.-0.45117971

d.-0.397529089

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Transportation A Global Supply Chain Perspective

Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard

8th edition

978-1133592969

Students also viewed these Mathematics questions

Question

How much total compensation, including benefi ts, can be provided?

Answered: 1 week ago