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# Homework Chapters 1 - 4 1. The following chart depicts the average amounts spent by consumers on holiday gifts. Holiday Spending Amount Family...

Need help with verifying answers on question 2 on word doc. Also need help with question 7. Tried on my own to complete work but I got lost with creating box plot data. So I need help with verifying what I have don is right for question 7 and help with completing the remainder of question 7
Homework Chapters 1 – 4 1. The following chart depicts the average amounts spent by consumers on holiday gifts. Holiday Spending Amount Family \$451.34 Friends \$85.60 Co-workers \$22.40 Others \$44.52 \$0.00 \$50.00 \$100.00 \$150.00 \$200.00 \$250.00 \$300.00 \$350.00 \$400.00 \$450.00 \$500.00 Family Friends Co-workers Others Amount Write a brief report summarizing the amounts spent during the holidays. Be sure to include the total amount spent, and the percent spent by each group. (5 points) The average total amount spent by consumers during the holidays is \$603.8 as shown in table 1 below. Table 2 describes the percentage allocation toward the total amount spent for each group. The highest percentage is 75 % for family , 14% for friends , 3.7% for coworkers and 7.3 % for others . Table 1 Holiday Spending Average Amount Family \$451.34 Friends \$85.60 Co-workers \$22.40 Others \$44.52 TOTAL Amount Spent \$603.86 Table 2 Group Percentages Family 74.74249 Friends 14.17547 Co-workers 3.709469
Others 7.37257 100% 2. Refer to the Real Estate data at the back of the text (Appendix A), which report information on homes sold in the Goodyear, Arizona, area last year. Consider the following variables: selling price, number of bedrooms, township, and distance from the center of the city. (8 points) a) Which of the variables are qualitative and which are quantitative? b) Determine the level of measurement for each of the variables. 3. A small business consultant is investigating the performance of several companies. The fourth quarter sales for last year (in thousands of dollars) for the selected companies were: Variable Qual or Quant? Level of Mesurement? Selling Price Quant ratio Number of bedrooms Quant interval Township Qual nominal Distance from Center of City Quant ratio Corporation Fourth-Quarter Sales (\$ thousands) Holden Building Products 1,645.2 J & R Printing Inc. 4,757.0 Long Bay Concrete Construction 8,913.0 Mancell Electric and Plumbing 627.1 Maxwell Heating and Air Conditioning 24,612.0 Mizelle Roofing & Sheet Metals 191.9
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Sel ing Price - Homes in Goodyear, AZ Sel ing Price - Hones in Phoenix ,AZ Goodyear Phoenix 125 27 Median Value 125.9 27 Mean 221.1028571429 Mean 203.6476190476 213.6 149 139.9 31 Standard Error 4.5970167618 Standard Error 20.9476755726 147.4 31 Median 213.6 Median 149 L25 = 26.5 154.3 38 Mode 188.3 Mode 65 97 155.4 38 Standard Deviation 47.1054044285 Standard Deviation 214.649800254 164.1 41 Sample Variance 2218.9191263737 Sample Variance 46074.53674908 166.2 55 Kurtosis -0.2768006393 Kurtosis 27.3550844575 166.5 55 Skewness 0.4740134505 Skewness 4.6033341352 171.6 65 Range 220.3 Range 1653 172.4 65 Minimum 125 Minimum 27 172.7 65 Maximum 345.3 Maximum 1680 173.1 65 Sum 23215.8 Sum 21383 173.6 70 Count 105 Count 105 173.6 70 175 75 175.6 75 176 78.4 176.3 79 177.1 79.9 179 85 179 89 180.4 90 182.4 90 182.7 95.5 186.7 97 Goodyear Phoenix 187 97 Minimum value 125 27 188.1 98.5 186.925 97 188.3 99.9 Median 213.6 149 188.3 100 251.625 261.875 188.3 100.1 Maximum Value 345.3 1680 188.3 101 189.4 105 190.9 107 192.2 107 192.6 111.1 192.9 118 194.4 118 198.3 124.8 198.9 125 199 130 199.8 138 205.1 138.2 206 139 207.1 139 207.5 143 207.5 143 209 145 209.3 145 209.3 145.5 209.7 147 209.7 147.9 213.6 149 216 149 216.8 150 217.8 151 220.9 151.5 221.1 155 221.5 160 222.1 164.5 224 165 224.8 165 227.1 167 227.1 167 228.4 168 232.2 170 233 179 234 181.5 236.4 185 236.8 185 240 193.8 242.1 195 243.7 215 244.6 215 245.4 235 246 243 246.1 245 247.7 257 251.4 260 252.3 267.5 253.2 274.5 254.3 274.5 257.2 286.9 263.1 286.9 263.2 297.5 266.6 300 269.2 307 269.9 310 270.8 325 271.8 325 273.2 326 281.3 347.5 289.8 357 292.4 357 293.7 380 294 380 294.3 410 294.5 415 307.8 415 310.8 440 312.1 445 312.1 451 326.3 493.6 327.2 1320 345.3 1680 Sel ing Price of Homes in Goodyear, AZ Sel ing Price of Homes in Phoenix, AZ L 50 = 213.6 L 50 = 149 L 25 = 26.5 =186.925 L 75 = 79.5 Position 251. Q 1 Q 3 Minimum value Q1 Median Q3 Maximum Value 0 500 1000 1500 2000 2500 Phoenix Goodye ar 1 6 1 1 1 6 2 1 2 6 3 1 3 6 4 1 4 6 5 1 5 6 6 1 6 6 7 1 7 6 8 1 8 6 9 1 9 6 1 0 1 0 500 1000 1500 2000 2500 Home Selling Price Goodyear vs Phoenx Sel ing Price of Homes in Phoenix, AZ
125 125.9 139.9 147.4 154.3 155.4 164.1 166.2 166.5 171.6 172.4 172.7 173.1 173.6 173.6 175 175.6 176 176.3 177.1 179 179 180.4 182.4 182.7 186.7 186.7 0.3 distance 187 187 0.225 188.1 186.925 188.3 188.3 188.3 188.3 189.4 190.9 192.2 192.6 192.9 194.4 198.3 198.9 199 199.8 205.1 206 207.1 207.5 207.5 209 209.3 209.3 209.7 209.7 213.6 216 216.8 217.8 220.9 221.1 221.5 222.1 224 224.8 227.1 227.1 228.4 232.2 233 234 236.4 236.8 240 242.1 243.7 244.6 245.4 246 246.1 247.7 251.4 0.9 252.3 0.225 253.2 251.625 254.3 257.2 263.1 263.2 266.6 269.2 269.9 270.8 271.8 273.2 281.3 289.8 292.4 293.7 294 294.3 294.5 307.8 310.8 312.1 312.1 326.3 327.2 345.3
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Homework
Chapters 1 – 4 1. The following chart depicts the average amounts spent by consumers on holiday gifts. Holiday Spending Amount
Family
\$451.34
Friends
\$85.60
Co-workers
\$22.40
Others...

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