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casestudyex1

# casestudyex1 - Solutions to Case Problems Chapter 2...

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Solutions to Case Problems Chapter 2 Descriptive Statistics: Tabular and Graphical Presentations Case Problem: Pelican Stores 1. Because there are 100 observations in the sample, the frequency and percent frequency distribution are the same. Percent frequency distributions for many of the variables are given. Method of Payment Percent Frequency American Express 2 Discover 4 MasterCard 14 Proprietary Card 70 Visa 10 Total: 100 No. of Items Percent Frequency 1 29 2 27 3 10 4 10 5 9 6 7 7 or more 8 Total: 100 Discount Percent Frequency 0.00 - 29.99 74 30.00 - 59.99 18 60.00 - 89.99 3 90.00 - 119.99 3 120.00 - 149.99 1 150.00 - 179.99 1 Total: 100 Sales Percent Frequency 0.00 - 29.99 13 30.00 - 59.99 38 60.00 - 89.99 20 90.00 - 119.99 13 CP - 1

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Chapter 2 Descriptive Statistics: Tabular and Graphical Methods 120.00 - 149.99 6 150.00 - 179.99 4 Over 180 6 Total: 100 Age Percent Frequency 20 - 29 10 30 - 39 30 40 - 49 33 50 - 59 16 60 - 69 7 70 - 79 4 Total: 100 Gender Percent Frequency Female 93 Male 7 Total: 100 Martial Status Percent Frequency Married 84 Single 16 Total: 100 These percent frequency distributions provide a profile of Pelican's customers. Many observations are possible. Here are a few:
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