Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

solve it asap An online distributor of healthcare products maintains data on all transactions. The information that is recorded is shown in the sample transaction

image text in transcribed

solve it asap

image text in transcribed

An online distributor of healthcare products maintains data on all transactions. The information that is recorded is shown in the sample transaction record below: Date of purchase 01/03/2010 Customer Name Customer Robert Jones 12943762 Zip Code Product 84321 6387450 Amount of Purchase 28.50 1. Which of the variables in the data table are numerical? (c) Amount of Purchase (a) Product Number (b) Customer Number (d) All of these variables are numerical. 2. At the end of each month, a new data table is generated that has a row for each day of the month, and columns labeled Date, Total Number of Transactions, and Total Amount Purchased. The production of this new data table is an example of (a) Re-coding the data (b) Aggregating the data (c) Use of a Likert Scale (d) Ordinal variables The operations manager of a bank has been monitoring the time required to assist customers who use the bank's drive-up facility. Over a one-month period, 525 eustomers using the facility were selected at random and the time to assist the customer was recorded. The histogram for the service times was nearly bell-shaped and symmetric. A summary of the data is given below: Summary Mean Standard deviation Lower quartile Median Upper quartile Time (minutes) 6.8 .85 62 6.9 7.5 3. Based on this data, the Empirical Rule indicates that 95% of all customer assistance times will be in which of the following intervals? (a) (5.1, 8.5] (b) [5.95, 7.65] (c) [43,9.5] (d) (4.2.9.4 (e) [5.2. 8.6] 4 Which of the following statements is accurate concerning the summarized service times: (a) 50% of the service times recorded are greater than 6.8 minutes. (b) The middle 50% of the service times are in the interval [5.95, 7.65]. (c) The smallest 25% of the service times recorded are less than 5.95 minutes. (d) The IQR for the service times is 1.7 minutes. (e) The largest 25% of the service times recorded are greater than 7.5 minutes 5. A boxplot is to be constructed for the service times that were recorded. Which of the following service times would be considered high outliers for the boxplot? (d) 9.6 minutes (a) 9.1 minutes (b) 9.2 minutes (c) 9.4 minutes (e) All of (a)-(d) would be outliers in the boxplot. (1) None of (a)-(d) would be outliers in the boxplot. The following data were collected from a survey of 10 randomly selected college students. Facebook User yes # hours of study per week 8 5 11 no yes 5 Student ID 244701130 302896051 734077249 891072704 730265917 894866913 644678646 369417477 388511718 554470987 yes yes 9 no no 6 1 1 2 yes yes 1 no 6. Find the mean number of hours per week this sample of students studies (a) 5 (b) (c) 49 (d) 5.4 7 Find the median number of hours per week this sample of students studies. 8 (a) 5 (b) 1 (c) 49 (d) 5.4 9 1. Find the standard deviation of the number of hours per week this sample of students studies *) 3.45 (b) 3.63 (e) 11.90 (d) 13.18

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Accounting Principles Volume 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara A. Trenholm, Valerie A. Kinnear, Joan E. Barlow

6th Canadian Edition

1118557328, 978-1118557327

More Books

Students also viewed these Accounting questions