Business Statistics: A First Course (7th Edition)

7th Edition

ISBN: 9780321979018

Author: David M. Levine, Kathryn A. Szabat, David F. Stephan

Publisher: PEARSON

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Textbook Question

Chapter 2, Problem 2.101CRP

What was the average price of a room at two-star, three-star, and four-star hotels around the world during the first half of 2013? The fileÂ HotelPricesÂ contains the prices in English pounds, (about US$1.52 as of July 2013). (Data extracted from “Hotel Price Index,”Â press.hotels.com/content/blogs.dir/13/files/2013/09/HPI_UK.pdf.) Complete the following for the two-star, three-star, and four-star hotels:

Construct a frequency distribution and a percentage distribution.
Construct a histogram and a percentage polygon.
Construct a cumulative percentage distribution and plot a cumulative percentage polygon (ogive).
What conclusions can you reach about the cost of two-star, three-star, and four-star hotels?
Construct separate scatter plots of the cost of two-star hotels versus three-star hotels, two-star hotels versus four-star hotels, and three-star hotels versus four-star hotels.
What conclusions can you reach about the relationship of the price of two-star, three-star, and four-star hotels?

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Chapter 2, Problem 2.100CRP

Chapter 2, Problem 2.102CRP

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Chapter 2 Solutions

Business Statistics: A First Course (7th Edition)

Ch. 2 - Prob. 2.1LB Ch. 2 - The following data represent the responses to two...Ch. 2 - Prob. 2.3AC Ch. 2 - Prob. 2.4AC Ch. 2 - Prob. 2.5AC Ch. 2 - Prob. 2.6AC Ch. 2 - Prob. 2.7AC Ch. 2 - A survey of 1,085 adults asked Do you enjoy...Ch. 2 - Prob. 2.9AC Ch. 2 - Prob. 2.10AC

Ch. 2 - Prob. 2.11LB Ch. 2 - Prob. 2.12LB Ch. 2 - Prob. 2.13LB Ch. 2 - Prob. 2.14LB Ch. 2 - The fileÂ NBACost2013Â contains the total cost ($)...Ch. 2 - The file UTILITY contains the following data about...Ch. 2 - Prob. 2.17AC Ch. 2 - One operation of a mill to cut pieces of steel...Ch. 2 - A manufacturing company produces steel housings...Ch. 2 - Prob. 2.21AC Ch. 2 - Prob. 2.22AC Ch. 2 - Prob. 2.23AC Ch. 2 - An online survey of CFA Institute members was...Ch. 2 - Prob. 2.25AC Ch. 2 - Prob. 2.26AC Ch. 2 - Prob. 2.27AC Ch. 2 - The following table indicates the percentage of...Ch. 2 - Prob. 2.29AC Ch. 2 - Prob. 2.30AC Ch. 2 - A study of Kickstarter projects showed that 54.2%...Ch. 2 - Prob. 2.32AC Ch. 2 - Prob. 2.33LB Ch. 2 - Prob. 2.34LB Ch. 2 - Prob. 2.35AC Ch. 2 - Prob. 2.37AC Ch. 2 - The file UTILITY contains the following data about...Ch. 2 - Prob. 2.39AC Ch. 2 - Prob. 2.40AC Ch. 2 - Prob. 2.41AC Ch. 2 - Prob. 2.42AC Ch. 2 - Prob. 2.43AC Ch. 2 - Prob. 2.45AC Ch. 2 - Prob. 2.46AC Ch. 2 - The data stored in DRINK represents the amount of...Ch. 2 - Prob. 2.48LB Ch. 2 - Prob. 2.49LB Ch. 2 - Prob. 2.50AC Ch. 2 - Data were collected on the typical cost of dining...Ch. 2 - College football is big business, with coaches pay...Ch. 2 - Prob. 2.54AC Ch. 2 - Prob. 2.56AC Ch. 2 - Prob. 2.57AC Ch. 2 - Prob. 2.58AC Ch. 2 - Prob. 2.59AC Ch. 2 - Prob. 2.60AC Ch. 2 - Prob. 2.61AC Ch. 2 - Prob. 2.66AC Ch. 2 - Prob. 2.67AC Ch. 2 - Prob. 2.68AC Ch. 2 - Prob. 2.69AC Ch. 2 - Prob. 2.71AC Ch. 2 - (Student Project)Â The Data and Story Library...Ch. 2 - Prob. 2.73AC Ch. 2 - Prob. 2.75AC Ch. 2 - FigureÂ 2.1Â shows a bar chart and a pie chart for...Ch. 2 - Prob. 2.78AC Ch. 2 - Prob. 2.79CYU Ch. 2 - Prob. 2.80CYU Ch. 2 - Prob. 2.81CYU Ch. 2 - Compare and contrast the bar chart for categorical...Ch. 2 - Prob. 2.83CYU Ch. 2 - Prob. 2.84CYU Ch. 2 - What are the three different ways to break down...Ch. 2 - How can a multidimensional table differ from a...Ch. 2 - Prob. 2.87CYU Ch. 2 - Prob. 2.88CRP Ch. 2 - The owner of a restaurant that serves...Ch. 2 - Suppose that the owner of the restaurant in...Ch. 2 - Prob. 2.94CRP Ch. 2 - One of the major measures of the quality of...Ch. 2 - Prob. 2.98CRP Ch. 2 - The fileÂ CEO-CompensationÂ includes the total...Ch. 2 - Prob. 2.100CRP Ch. 2 - What was the average price of a room at two-star,...Ch. 2 - Prob. 2.102CRP Ch. 2 - Prob. 2.103CRP Ch. 2 - The following data (stored inÂ Drink) represent...Ch. 2 - Prob. 2.106CRP Ch. 2 - Prob. 2.109RWE

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Solution Summary: The author calculates the frequency distribution and percentage distribution for two-star hotels.

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