A qualitative variable is measured for 20 companies randomly sampled and the data are classified into three classes, small (S), medium (M), and large (L), based on the number of employees in each company. The data (observed class for each company) are listed below. ______________________________________ SSL M SM M S M S L M S SSS M L S L ----------------------------------------------------------------

a. Compute the frequency for each of the three classes.

b. Compute the relative frequency for each of the three classes.

c. Display the results, part a, in a frequency bar graph.

d. Display the results, part b, in a pie chart.

Short Answer

Expert verified

a. The frequency of S is 10, L is 4, and that of M is 6.

b. The relative frequency of S is 0.5, L is 0.2, and that of M is 0.3

c.

d.

Step by step solution

01

Elucidating frequencies of the classes

In the array of data, it can be observed that there is a total of 10 small (S) size companies. Other than small companies, there are 4 large (L) size companies and 6 medium (M) size companies.

02

Calculating relative frequencies of the classes

The calculation of relative frequencies of small (S), large (L), and medium (M) companies are shown below:

RelativefrequencyofS=FrequencyofSFrequencyofS+FrequencyofL+FrequencyofM=1010+4+6=1020=0.5RelativefrequencyofL=FrequencyofLFrequencyofS+FrequencyofL+FrequencyofM=410+4+6=420=0.2RelativefrequencyofM=FrequencyofMFrequencyofS+FrequencyofL+FrequencyofM=610+4+6=620=0.3

03

Providing the bar graph

In the bar graph, the classes are plotted on the horizontal axis, and the frequencies are plotted on the vertical axis. The tallest bar represents the frequency of the small (S) companies, the medium-sized bar represents the medium (M) sized companies, and the shortest one represents the large (L) companies.

04

Explaining the pie chart

In the pie chart, the section showing the dark grey color represents the small companies that acquired the largest portion of the pie chart followed by the other two. Amongst the other two, the section showing aqua green color represents the large (L) companies, and the section showing light blue color represents the medium (M) sized companies.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Explain how the relationship between the mean and median provides information about the symmetry or skewness of the data’s distribution.

Business marketing publications.Business-to-business marketing describes the field of marketing between multiple business entities. The Journal of Business-to-Business Marketing (Vol. 15, 2008) produced a pie chart describing the number of business-to-business marketing articles published in all journals, by topical area, between 1971 and 2006. The data used to produce the pie chart are shown in the table.

Area

Number

Global Marketing

Sales Management

Buyer Behavior

Relationships

Innovation

Marketing Strategy

Channels/Distribution

Marketing Research

Services

235

494

478

498

398

280

213

131

136

Total

2,863

a.Compute the relative frequencies for the nine topical areas shown in the table. Interpret the relative frequency for Buyer Behavior.

b.Use the relative frequencies, part a, to construct a pie chart for the data. Why is the slice for Marketing Research smaller than the slice for Sales Management?

Consider the following two sample data sets.

Sample A

Sample B

121, 171, 158, 173, 184, 163, 157, 85, 145, 165, 172, 196, 170, 159, 172, 161, 187, 100, 142, 166, 171

171, 152, 170, 168, 169, 171, 190, 183, 185, 140, 173, 206, 172, 174, 169, 199, 151, 180, 167, 170, 188

a.Construct a box plot for each data set.

b.Identify any outliers that may exist in the two data sets.

A sample data set has a mean of 57 and a standard deviation of 11. Determine whether each of the following sample measurements are outliers.

a.65

b.21

c.72

d.98

Refer to Exercise 2.141. Assuming all populations are approximately mound-shaped, for parts a–d, determine whether the values 0, 4, and 12 are outliers.

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free