Question
In: Statistics and Probability
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the...
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the length of time customers take to pay their invoices is important. Listed below, arranged from smallest to largest, is the time, in days, for a sample of the Thomas Supply Company Inc. invoices.
| 13 | 13 | 13 | 20 | 26 | 29 | 32 | 34 | 34 | 34 | 35 | 35 | 36 | 37 | 38 |
| 41 | 41 | 41 | 42 | 44 | 47 | 47 | 49 | 51 | 53 | 55 | 56 | 62 | 67 | 82 |
Click here for the Excel Data File
(Round your answers to 2 decimal places.)
- Determine the first and third quartiles.
- Determine the second decile and the eighth decile.
- Determine the 67th percentile.
Solutions
Expert Solution
Solution:
Data is already arranged in ascending order.
| 13 | 13 | 13 | 20 | 26 | 29 | 32 | 34 | 34 | 34 | 35 | 35 | 36 | 37 | 38 |
| 41 | 41 | 41 | 45 | 45 | 47 | 47 | 49 | 51 | 53 | 55 | 56 | 62 | 67 | 82 |
a)The quartiles can be calculated by using formula:
Therefore
b) The decilies can be calculated by using formula:
Therefore
c) The percentile can be calculated by using formula:
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D; = (in + 1) yt value 10
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orchestra answered 1 year agoRelated Solutions
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the...
The Thomas Supply Company Inc. is a distributor of gas-powered
generators. As with any business, the length of time customers take
to pay their invoices is important. Listed below, arranged from
smallest to largest, is the time, in days, for a sample of the
Thomas Supply Company Inc. invoices.
13 13 13 20 26 27 27 32 34 34 35 35 36 37 38 41 41 41 42 44 44
47 48 50 51 55 56 62 67 82
(Round...
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the...
The Thomas Supply Company Inc. is a distributor of gas-powered
generators. As with any business, the length of time customers take
to pay their invoices is important. Listed below, arranged from
smallest to largest, is the time, in days, for a sample of The
Thomas Supply Company Inc. invoices.
13
13
13
20
26
29
32
34
34
34
35
35
36
37
38
41
41
41
42
44
47
47
49
51
53
55
56
62
67
82
Determine...
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the...
The Thomas Supply Company Inc. is a distributor of gas-powered
generators. As with any business, the length of time customers take
to pay their invoices is important. Listed below, arranged from
smallest to largest, is the time, in days, for a sample of the
Thomas Supply Company Inc. invoices. 13 13 13 20 26 27 31 34 34 34
35 35 36 37 38 41 41 41 45 47 47 47 50 51 53 54 56 62 67 82 (Round...
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the...
The Thomas Supply Company Inc. is a distributor of gas-powered
generators. As with any business, the length of time customers take
to pay their invoices is important. Listed below, arranged from
smallest to largest, is the time, in days, for a sample of the
Thomas Supply Company Inc. invoices.
13
13
13
20
26
27
29
32
34
34
35
35
36
37
38
41
41
41
42
44
46
47
48
50
53
55
56
62
67
82
(Round...
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the...
The Thomas Supply Company Inc. is a distributor of gas-powered
generators. As with any business, the length of time customers take
to pay their invoices is important. Listed below, arranged from
smallest to largest, is the time, in days, for a sample of the
Thomas Supply Company Inc. invoices.
13
13
13
20
26
28
32
33
34
34
35
35
36
37
38
41
41
41
42
43
45
47
49
50
51
55
56
62
67
82
(Round...
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the...
The Thomas Supply Company Inc. is a distributor of gas-powered
generators. As with any business, the length of time customers take
to pay their invoices is important. Listed below, arranged from
smallest to largest, is the time, in days, for a sample of The
Thomas Supply Company Inc. invoices.
13 13 13 20 26 30 31 32 34 34 35 35 36 37 38 41 41 41 45 46 47
47 48 52 54 56 56 62 67 82
(Round...
The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the...
The Thomas Supply Company Inc. is a distributor of gas-powered
generators. As with any business, the length of time customers take
to pay their invoices is important. Listed below, arranged from
smallest to largest, is the time, in days, for a sample of The
Thomas Supply Company Inc. invoices.
13 13 13 20 26 28 30 33 34 34 35 35 36 37 38
41 41 41 42 46 46 47 48 52 53 55 56 62 67 82
Determine...
1. Suppose the demand and supply for gas generators in a coastal Florida town are as...
1. Suppose the demand and supply for gas generators in a coastal
Florida town are as follows:
Qd = 1800 – 3P
Qs = 2P – 200.
a. Find the equilibrium price and quantity of generators.
b. Find the consumer surplus, producer surplus, and total gains
from trade at the equilibrium price.
c. Question 2 asks you to consider the economic impacts of
“price gouging.” Price gouging refers to suppliers raising their
prices on essential goods (bottled water, gas, generators,...
Select any company of your choice and do research on their business ethics and their supply...
Select any company of your choice and do research on their
business ethics and their supply chain network then answer the
questions below: Important! Remember to cite the sources you used
for your research at the end of your assignment.
1. List the business ethics the company, you chose, adheres
to.List at least four different ethical practises and explain what
they entail in a paragraph each.Take a look at the company’s
business code of ethics.
Brayton Inc. is a manufacturer of generators. Recently, the company was approached by a new customer...
Brayton Inc. is a manufacturer of generators. Recently, the
company was approached by a new customer with a request for a
one-time only special. The customer would like to buy 3,000 units
of Brayton's generators. Although Brayton can produce 15,000
generators, actual production is 12,000.
The following is per unit data for sales to regular
customers:
Direct materials: $1,275
Direct labor: $75
Variable overhead: $150
Fixed overhead: $120
Total Manufacturing Costs: $1,620
Markup (15%): $243
Estimated selling price: $1,863
Required:...
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