The Excel file labeled Lowes. xlsx lists the receipt total for 350 randomly selected customers for Lowes,

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The Excel file labeled Lowes. xlsx lists the receipt total for 350 randomly selected customers for Lowes, a home improvement store.

a. Using Excel and the 2k > n rule, construct a frequency distribution for these data.

b. Using the results from part a, calculate the relative frequencies for each class.

c. Using the results from part a, calculate the cumulative relative frequencies for each class.

d. Construct a histogram for these data.

Distribution
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...
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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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