Question
It was suggested to the retailer that the 200 transaction values could also be summarised in a grouped table (see Table 2 below). Table 2
It was suggested to the retailer that the 200 transaction values could also be summarised in a grouped table (see Table 2 below). Table 2 have been made available in the Excel file named MN4063QANOVS22CWK1 Data under the worksheet named Task 2. Required for Task 2 (50 words Max)
a. Using the two table templates provided in the Excel data file named MN4063QANOVS22CWK1Data under the tab labelled Task 2: Complete table 2a to show the percentage frequencies, cumulative frequencies and cumulative percentage frequencies columns. [1+1+1 = 3marks]. Round all answers to the nearest whole number Complete table 2b and use your results to estimate the mean and the standard deviation. [10 +2+2 = 14marks]. Round all answers to the nearest whole number (Copy the Excel output (2 tables) and paste it into your Word document)
b. From table 2 estimate the median expenditure of the consumers using the interpolation method. Show all your working using a calculator. [2 + 3 = 5marks]. Round your answer to the nearest whole number
Task 2: Grouped Descriptive Statistics [22marks] It was suggested to the retailer that the 200 transaction values could also be sumparised in a groupedtable (see Table 2 below). Table 2 have been made available in the Excel file named "MN4063QANOVS22CWK1 Data" under the worksheet named Task 2. Required for Task 2 ( 50 words Max) a. Using the two table templates provided in the. Excel data file named "MN4063QANOVS22CWK1Data" under the tab labelled Task 2: - Complete table 2 a to show the percentage frequencies, cumulative frequencies and cumulative percentage frequencies columns. [I+I+I=3 marks]. Round all answers to the nearest whole number - Complete table 2b and use your results to estimate the mean and the standard deviation. [10+2+2= 14marks]. Round all answers to the nearest whole number (Copy the Excel output (2 tables) and paste it into your Word document) b. From table 2 estimate the median expenditure of the consumers using the interpolation method. Show all your working using a calculator. [2+3=5 marks). Round your answer to the nearest whole number Task 2: Grouped Descriptive Statistics [22marks] It was suggested to the retailer that the 200 transaction values could also be sumparised in a groupedtable (see Table 2 below). Table 2 have been made available in the Excel file named "MN4063QANOVS22CWK1 Data" under the worksheet named Task 2. Required for Task 2 ( 50 words Max) a. Using the two table templates provided in the. Excel data file named "MN4063QANOVS22CWK1Data" under the tab labelled Task 2: - Complete table 2 a to show the percentage frequencies, cumulative frequencies and cumulative percentage frequencies columns. [I+I+I=3 marks]. Round all answers to the nearest whole number - Complete table 2b and use your results to estimate the mean and the standard deviation. [10+2+2= 14marks]. Round all answers to the nearest whole number (Copy the Excel output (2 tables) and paste it into your Word document) b. From table 2 estimate the median expenditure of the consumers using the interpolation method. Show all your working using a calculator. [2+3=5 marks). Round your answer to the nearest whole numberStep by Step Solution
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