The following frequency distribution reports the number of frequent flier miles, reported in thousands, for employees of
Question:
The following frequency distribution reports the number of frequent flier miles, reported
in thousands, for employees of Brumley Statistical Consulting Inc. during the most recent quarter.
Lead Time (days) ..................................................... Frequency
0 up to 5................................................................................ 6
5 up to 10 ..............................................................................7
10 up to 15............................................................................ 12
15 up to 20.............................................................................. 8
20 up to 25.............................................................................. 7
Total.......................................................................................... 40
a. How many orders were studied?
b. What is the midpoint of the first class?
c. What are the coordinates of the first class for a frequency polygon?
d. Draw a histogram.
e. Draw a frequency polygon.
f. Interpret the lead times using the two charts.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Step by Step Answer:
a 40 b 25 days c 256 d e f Based on the charts th...View the full answer
Statistical Techniques in Business and Economics
ISBN: 978-1259666360
17th edition
Authors: Douglas A. Lind, William G Marchal
