Question

In: Statistics and Probability

You surveyed 20 of your friends and asked them how much they spend on coffee at...

You surveyed 20 of your friends and asked them how much they spend on coffee at Starbucks each week. Their responses ranged from $0 to $22.50 and the average was $8.64. You decide to create a histogram of the data. Which of the following is the best set of bins to use?

a. [0-25.00]

b. [5.00-10.00], [11.00-15.00] and [22.00-25.00]

c. [0-10.00], [5.00-15.00], [10.00-20.00] and [15.00-25.00]

d. [0.00-5.99], [6.00-11.99], [12.00-17.99] and [18.00-23.99]

Solutions

Expert Solution

d. [0.00-5.99], [6.00-11.99], [12.00-17.99] and [18.00-23.99]

Because,

here responses ranged from $0 to $22.50. Hence our first bin should start with $0.

Also bins should not be overlapped. Here only option (d) is correct which start with 0 and also bins are also not overlapping each other. Other options are either do not start with 0 or bins are overlapping.


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