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Review this week's Learning Resources, focusing in particular on the Descriptive Statistics section with resources on defining and calculating averages, mean, median, and mode. Call
- Review this week's Learning Resources, focusing in particular on the Descriptive Statistics section with resources on defining and calculating averages, mean, median, and mode.
- Call at least 10 convenience stores and/or grocery stores in your area and ask for the price of a pack of cigarettes. It can be for any brand, but make sure that the prices are all for the same-sized pack of the same brand. As an alternate, you can look up prices online or visit physical locations.
- From those data, calculate the average cost of a pack of cigarettes in your area for the brand you chose.
- Calculate the average cost per year for a one-pack-per-day smoker in your area.
- Review the Academic Writing Expectations for 2000/3000-Level Courses, provided in this week's Learning Resources. Po st a 150- to 225-w ord (2- t o 3-para graph) explanation of how the information from calculating the average costs of a product can be used by businesses and professionals. In your explanation, do the following:
- Include your data set and the results from your calculations.
- Explain how at least one of the following might use the information from this analysis: retailers, suppliers, health care professionals, public health professionals, or those from another business or profession.
- Explain why it was important to summarize the prices, instead of just calling one retailer for the price? Would the mean or the median be a more representative number, given your data?
- To support your response, be sure to reference at least one properly cited scholarly source.
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