Question
Will you please help me to understand the following questions? Questions 46-50. DIRECTIONS: Answer Questions 46 through 50 on the basis of the information below.
Will you please help me to understand the following questions?
Questions 46-50.
DIRECTIONS: Answer Questions 46 through 50 on the basis of the information below.
Department XYZ
Size Distribution of Purchasing Orders
Amount of Order (dollars) Number of Orders
1 - 9.99 91
10 19.99 135
20 49.99 320
50 99.99 712
100 199.99 1050
200 499.99 735
500 999.99 305
1000 1999.99 94
2000 4999.99 36
5000 9999.99 18
10000 19999.99 3
20000 49000.99 1
Question 46. The mode of this distribution of purchase orders is APPROXIMATELY
A. $100 B. $150 C. $200 D. $1050
Question 47. The median value is APPROXIMATELY
A. $100 B. $150 C. $200 D. $1050
Question 48. The value which falls at the tenth percentile is MOST NEARLY
A. $21 B. $39 C. $45 D. $107
Question 49. Suppose ten orders are added to each class interval below $1,000, but only one order is added in each interval $1000 and above. Lacking more detailed information about them, we can estimate the total cost of these additional orders to be APPROXIMATELY
A. $23,800 B. $76,100 C. $81,000 D. $123,800
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started