Question

In: Statistics and Probability

Question: A Whole Foods cashier recorded the number of items purchased by 12 consecutive customers: 12  ...

Question: A Whole Foods cashier recorded the number of items purchased by 12 consecutive customers:

12   25   32   17   22   19   16   25   18   24   18   23

a)    For this data set, find the mean, median, and mode. Show your calculations. Round answers to the nearest tenth.

b)   Which of these averages best represents the data? Explain your answer.

Solutions

Expert Solution

Solution:

a)

The mean of a data set is the sum of the terms divided by the total number of terms.

Formula:

Mean = 20.9167

The median is the middle number in a sorted list of numbers. So, to find the median, we need to place the numbers in value order and find the middle number.

Ordering the data from least to greatest, we get:

12   16   17   18   18   19   22   23   24   25   25   32

The mode of a set of data is the value in the set that occurs most often.

12   16   17   18   18   19   22   23   24   25   25   32

Since both 18 and 25 occur 2 times, the modes are 18 and 25 ( this data set is bimodal).

b) Here mean and median are almost close. So we can consider either mean or median as the best representation of the data. As there are no more variation in the data so median may prefer here most representative.

Done


Related Solutions

12. In a sample of Starbucks customers it was found that the number of individual items...
12. In a sample of Starbucks customers it was found that the number of individual items bought per month at Starbucks was 15 with a standard deviation of 17. Assume the data to be approximately bell-shaped. Approximately 95% of the time, the number of monthly items purchased was between two values A and B. What is the value of B? Write only a number as your answer. 13. A study studied the birth weights of 1,729 babies born in the...
The manager of the local Walmart Superright is studying the number of items purchased by customers...
The manager of the local Walmart Superright is studying the number of items purchased by customers in the evening hours. Listed below is the number of items for a sample of 30 customers. 15 8 6 9 9 4 18 10 10 12 12 4 7 8 12 10 10 11 9 13 5 6 11 14 5 6 6 5 13 5 a. mean and median (Round "Mean" to 1 decimal place.) b. find the range and the standard...
CitiBank recorded the number of customers to use a downtown ATM during the noon hour on...
CitiBank recorded the number of customers to use a downtown ATM during the noon hour on 32 consecutive workdays. I have tried to find the 1st and 3rd quartiles and got 12.5 for the first and 31.5 for the 3rd but my homework thing keeps saying that is wrong, I dont know what to do. 20 36    22    28    5    11    29    32     11 16    15    10    31    38    36...
CitiBank recorded the number of customers to use a downtown ATM during the noon hour on...
CitiBank recorded the number of customers to use a downtown ATM during the noon hour on 32 consecutive workdays. 15 24 20 32 26 38 36 32 32 20 33 26 21 11 5 29 39 5 38 23 35 22 7 6 11 18 39 16 28 32 20 37 (a) Use Excel’s quantile function to find the quartiles and the midhinge. (Round your answers to 2 decimal places.) 1st quartile Median 3rd quartile Midhinge
A local franchise of a national chain of day-old pastry stores recorded the number of customers...
A local franchise of a national chain of day-old pastry stores recorded the number of customers that came in to the store for five weeks this fall. These data are recorded in the attached file. The national franchisor states that the percentage of customers is distributed as follows:   Sunday – 20%, Monday – 8%, Tuesday – 6%, Wednesday – 7%, Thursday – 12%, Friday – 22%, and Saturday – 25%. The manager doesn’t trust the franchisor and wants to show...
Subject is International Marketing. Question is: What Benefit does Whole Foods provide for United States Consumers?
Subject is International Marketing. Question is: What Benefit does Whole Foods provide for United States Consumers?
Porters 5 Forces Question regarding Whole Foods and Amazon "Of Porter’s three types of strategic positions...
Porters 5 Forces Question regarding Whole Foods and Amazon "Of Porter’s three types of strategic positions (not to be confused with “three generic strategies”) which do you believe would best serve Whole Foods/Amazon? Why? "
US Bank has recorded the number of customers who used a downtown ATM during the noon...
US Bank has recorded the number of customers who used a downtown ATM during the noon hour (variable of interest) on 21 randomly selected workdays. The data is given below, 16, 17, 12, 27, 22, 28, 15, 16, 29, 22, 11, 19, 27, 23, 18, 24, 21, 11, 40, 42, 43. Please show your complete manual work, use statistical notations wherever possible, and do not classify the data in answering the following questions. ​a. Compute the Sample Average of customers...
Question 1. There are transactions as below. 1/1: The beginning number of items was 1,000 items....
Question 1. There are transactions as below. 1/1: The beginning number of items was 1,000 items. The total amount was 12,000 JPY. 3/15: Purchased 2,000 items by 18,000 JPY. 4/24: Sold 500 items. 10/20: Purchased 1,000 items by 10,000 JPY. 12/2: Sold 1,500 items. a. How much is the ending balance of the inventory by FIFO method? 18,000 JPY 19,000 JPY 20,000 JPY 21,000 JPY 22,000 JPY b. How much is the ending balance of the inventory by LIFO method?...
Question 1) Some customers have not purchased any products. The store hopes to encourage these customers...
Question 1) Some customers have not purchased any products. The store hopes to encourage these customers to buy their products through various discount coupons. For this purpose, the store's management would like to see all details of customers who have never purchased any products.  Use at least one RIGHT JOIN in this query. Question 2) Some products have never been purchased by any customer. The store's management is considering removing these products from their shelves. They would like to get a...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT