Question

A chain of sports shops catering to beginning skiers, headquartered in Aspen, Colorado, plans to conduct...

A chain of sports shops catering to beginning skiers, headquartered in Aspen, Colorado, plans to conduct a study of how much a beginning skier spends on his or her initial purchase of equipment and supplies. Based on these figures, it wants to explore the possibility of offering combinations, such as a pair of boots and a pair of skis, to induce customers to buy more. A sample of 44 cash register receipts revealed these initial purchases:

$ 142 $ 85 $ 139 $ 161 $ 175 $ 85 $ 133 $ 149 $ 145
126 315 244 132 172 149 166 214 105
220 126 90 171 162 229 121 118 149
126 128 118 172 156 214 87 172 327
162 195 128 126 142 118 127 128
  1. Find the smallest class interval. Use five classes. (Round your answer to 1 decimal place.)
  2. What would be a better class interval? c. Organize the data into a frequency distribution using a lower limit of $80 $ 80 up to $ 130 up to up to up to up to
c. Organize the data into a frequency distribution using a lower limit of $80 $ 80 up to $ 130 up to up to up to up to
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Answer #1

a) Class interval = (Highest observed value - Lowest observed value)/ Number of classes.

Highest observed value = 327

Lowest observed value =85

Number of classes = 5

class interval = (327-85)/5= 242/5= 48.4.

b) 50

c)

$80 up to $130= 17

$130 up to $180= 19

$180 up to $230 = 5

$230 up to $280= 1

$280 up to $ 330 = 2

.

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