NRF/BIG research provided results of a consumer holiday spending survey (USA Today, December 20, 2005). The following
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NRF/BIG research provided results of a consumer holiday spending survey (USA Today, December 20, 2005). The following data provide the dollar amount of holiday spending for a sample of 25 consumers.
1200 850 740 590 340 450 890 260 610 350 1780 180 850 2050 770 800 1090 510 520 220 1450 280 1120 200 350
a. What is the lowest holiday spending? The highest?
b. Use a class width of $250 to prepare a frequency distribution and a percent frequency distribution for the data.
c. Prepare a histogram and comment on the shape of the distribution.
d. What observations can you make about holiday spending?
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Related Book For
Statistics For Business And Economics
ISBN: 9780324783247
11th Edition
Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson
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