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k Describe in words the process of putting data into quartiles. Why might that be useful? I. Suppose you run a marketing firm that is
k Describe in words the process of putting data into quartiles. Why might that be useful?
I. Suppose you run a marketing firm that is hired by a car dealership. One of the variables of interest is the color of the car. Your firm interviewed 100 people and asked them to choose their favorite color from the list of ten colors offered by the manufacturer. Which of the three measures of central tendencymode, median and meanis (are) useful for portraying the results? (The answer may be more than one or all three.) Explain.
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