The following data represent the number of customers waiting for a table at 6:00 p.m. for 40
Question:
The following data represent the number of customers waiting for a table at 6:00 p.m. for 40 consecutive Saturdays at Bobak’s Restaurant.
(a) Are these data discrete or continuous? Explain.
(b) Construct a frequency distribution of the data.
(c) Construct a relative frequency distribution of the data.
(d) What percentage of the Saturdays had 10 or more customers
waiting for a table at 6:00 p.m.?
(e) What percentage of the Saturdays had 5 or fewer customers
waiting for a table at 6:00 p.m.?
(f ) Construct a frequency histogram of the data.
(g) Construct a relative frequency histogram of the data.
(h) Describe the shape of the 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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