Business Analytics
3rd Edition
ISBN: 9780135231678
Author: Evans, James R. (james Robert)
Publisher: PEARSON EDUCATION (COLLEGE)
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 3, Problem 1.4PE
To determine
Construct the pie chart for the breakdown of current occupation.
Construct the pie chart for the breakdown of projected occupation.
Construct the column chart for the breakdown of current occupation.
Construct the column chart for the breakdown of projected occupation.
Explain the pie chart showing the breakdown of occupations for each year in contrast to simple column charts.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Each year Money magazine publishes a list of "Best Places to Live in the United States." These listings are based on affordability, educational performance, convenience, safety, and livability. The below table shows the median household income of Money magazine’s top city in each U.S. state for (Money magazine website).
Click on the datafile logo to reference the data.
City
Median Household Income ($)
City
Median Household Income ($)
Pelham, AL
66,772
Bozeman, MT
49,303
Juneau, AK
84,101
Papillion, NE
79,131
Paradise Valley, AZ
138,192
Sparks, NV
54,230
Fayetteville, AR
40,835
Nashua, NH
66,872
Monterey Park, CA
57,419
North Arlington, NJ
73,885
Lone Tree, CO
116,761
Rio Rancho, NM
58,982
Manchester, CT
64,828
Valley Stream, NY
88,693
Hockessin, DE
115,124
Concord, NC
54,579
St. Augustine, FL
47,748
Dickinson, ND
71,866
Vinings, GA
73,103
Wooster, OH
43,054
Kapaa, HI
62,546
Mustang, OK
66,714…
What would be a suitable chart type to show the proportions of the sales by products?
Bicycling, the world's leading cycling magazine, reviews hundreds of bicycles throughout the year. Their "Road-Race" category contains reviews of bikes used by riders primarily interested in racing. One
of the most important factors in selecting a bike for racing is the weight of the bike. The following data show the weight (pounds) and price ($) for 10 racing bikes reviewed by the magazine (Bicycling
website).
DATA file
Brand
FELT F5
PINARELLO Paris
ORBEA Orca GDR
EDDY MERCKX EMX-7
BH RC1 Ultegra
BH Ultralight 386
CERVELO S5 Team
GIANT TCR Advanced 2
WILIER TRIESTINA Gran Turismo
(to 3 decimals)
Weight Price ($)
17.8
16.1
14.9
15.9
Did the estimated regression equation provide a good fit?
The estimated regression equation provided a - Select your answer - fit.
c. Predict the price for a bike that weighs 15 pounds.
(to whole number)
2100
6250
8370
6200
17.2
13.1
16.2
17.1
17.6
SPECIALIZED S-Works Amira SL4
14.1
8000
a. Use the data to develop an estimated regression equation that could…
Chapter 3 Solutions
Business Analytics
Ch. 3 - Explain the pros and cons of tabular versus visual...Ch. 3 - How is data visualization used in descriptive,...Ch. 3 - Summarize the most useful charts available in...Ch. 3 - Prob. 2.2CYUCh. 3 - Prob. 2.3CYUCh. 3 - Prob. 2.4CYUCh. 3 - Prob. 3.1CYUCh. 3 - What is a heatmap, and what are some typical...Ch. 3 - Prob. 3.3CYUCh. 3 - Prob. 4.1CYU
Ch. 3 - Prob. 4.2CYUCh. 3 - Prob. 4.3CYUCh. 3 - Create clustered column and stacked column charts...Ch. 3 - Prob. 1.2PECh. 3 - Prob. 1.3PECh. 3 - Prob. 1.4PECh. 3 - Prob. 1.5PECh. 3 - Prob. 1.6PECh. 3 - Prob. 1.7PECh. 3 - Prob. 1.8PECh. 3 - Construct a column chart for the data in the Excel...Ch. 3 - The Excel file Internet Usage provides data about...Ch. 3 - Construct an appropriate chart to show the...Ch. 3 - Construct an appropriate chart or charts to...Ch. 3 - Prob. 1.13PECh. 3 - In the Excel file Banking Data, apply the...Ch. 3 - Prob. 1.15PECh. 3 - Prob. 1.16PECh. 3 - Prob. 1.17PECh. 3 - Prob. 1.18PECh. 3 - Create a useful dashboard for the data in the...Ch. 3 - Prob. 1.20PECh. 3 - Prob. 1.21PECh. 3 - Prob. 2.1PECh. 3 - Prob. 2.2PECh. 3 - Prob. 2.3PECh. 3 - Prob. 2.4PECh. 3 - Use PivotCharts to create a useful dashboard for...Ch. 3 - Prob. 2.6PECh. 3 - Prob. 2.7PECh. 3 - Prob. 2.8PECh. 3 - Use PivotCharts to create a useful dashboard for...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Please help asap with this. thank you!arrow_forwardMarkLines is an online portal (www.marklines.com) that reports automotive industry data. The table below shows the number of cars sold in the United States from January to November in 2017 and 2018. The top 22 manufacturers, plus others, are listed here. Sales data often is reported in this way to compare current sales to last year’s sales. Car Sales Manufacturer Jan.-Nov.2017 Jan.-Nov.2018 GM (Est.) 2,691,493 2,654,568 Ford 2,334,290 2,265,590 Toyota 2,211,533 2,205,762 Fiat Chrysler 1,887,430 2,038,684 Honda 1,492,112 1,449,713 Nissan 1,455,238 1,345,157 Hyundai 621,961 612,225 Subaru 584,614 615,594 Kia 546,629 542,245 Mercedes (includes Sprinter) 332,990 318,012 BMW 271,432 276,657 VW 309,395 322,017 Mazda 262,577 274,455 Audi 199,534 200,558 Tesla (Est.) 40,320 106,050 Land Rover 66,759 81,526 Volvo 71828 89437 Mitsubishi 95,185 109,088 Porsche 51,507 53,116 MINI 42,494 40,887 Jaguar 36,180 27,021 Others 18,901 17,251 smart…arrow_forwardThe number of students in a classroom would be considered which type of data.arrow_forward
- 16 20 40 60 80 100 Miles (1000s) 120 Scatter diagram 1 b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? Negative relationship c. Develop the estimated regression equation that could be used to predict the price ($1000s) (to 4 decimals). 16.469 .0588 I d. Test for a significant relationship at the 0.05 level of significance (to 3 decimals). p-value= less than α = 0.05. e. Did the estimated regression equation provide a good fit? Yes f. Provide terpretation for the slope of the estimated regression equation (to 4 decimals but dollar value to the nearest cent). Enter negative values as negative numbers. The slope of the estimated regression is -.0588. Therefore, every additional 1,000 miles on the car's odometr will result in a $ predicted price. decrease in the g. Suppose that you are considering purchasing a previously owned 2007 Camry that has been driven 60,000 miles. Using the estimated regression equation developed in…arrow_forwardHow to interpret scatterplots Positive, Negative, or little or No Relationship?arrow_forwardThe Toyota Camry is one of the best-selling cars in North America. The cost of a previously owned Camry depends upon many factors, including the model year, mileage, and condition. To investigate the relationship between the car's mileage and the sales price for a 2007 model year Camry, the following data show the mileage and sale price for 19 sales (PriceHub website). Click on the datafile logo to reference the data. DATA file Price ($1000s) Miles (1000s) 22 16.2 29 16.0 36 13.8 47 11.5 63 12.5 77 12.9 73 11.2 87 13.0 92 11.8 101 10.8 110 8.3 28 12.5 59 11.1 68 15.0 68 12.2 91 13.0 42 15.6 65 12.7 110 8.3 If your answer is zero, enter "0". a. Select a scatter diagram with the car mileage on the horizontal axis and the price on the vertical axis.arrow_forward
- Southwest Airlines had 81.1 million domestic boardings in a recent year, followed by Delta Airlines with 79.4 million, American Airlines with 72.6 million, United Airlines with 56.3 million, Northwest Airlines with 43.3 million, US Airways with 37.8 million, and Continental Airlines with 31.5 million, according to T-100 Domestic Market. Construct a pie chart to depict this information. List down the variable of the above data. Describe whether each variable are qualitative or quantitative data? Explain your answer. Describe the level of measurement for the variables. Explain your answer.arrow_forwardBlock: _ Date. Five year-old Susie's parents are concerned that she seems short for her age. Their doctor has the followng rer of Susie' height: Age (months): 20 30 45 50 57 60 Height (cm): 80 86 87 90 91 94 (a) Make a scatterplot of these data:arrow_forwardI need help with this problem please.arrow_forward
- Please help.arrow_forwardDuPont Automotive releases a Color Popularity Report which provides the percentages of car colors in North America. The most recent report is shown in the following table.arrow_forwardBicycling, the world’s leading cycling magazine, reviews hundreds of bicycles throughout the year. Their “Road-Race” category contains reviews of bikes used by riders primarily interested in racing. One of the most important factors in selecting a bike for racing is the weight of the bike. The following data show the weight (pounds) and price () for racing bikes reviewed by the magazine (Bicycling website). The datafile logo. Brand Weight Price ($) FELT F5 17.8 2100 PINARELLO Paris 16.1 6250 ORBEA Orca GDR 14.9 8370 EDDY MERCKX EMX-7 15.9 6200 BH RC1 Ultegra 17.2 4000 BH Ultralight 386 13.1 8600 CERVELO S5 Team 16.2 6000 GIANT TCR Advanced 2 17.1 2580 WILIER TRIESTINA Gran Turismo 17.6 3400 SPECIALIZED S-Works Amira SL4 14.1 8000 a. Use the data to develop an estimated regression equation that could be used to estimate the price for a bike given the weight. If required, enter negative values as negative numbers. price + weight (to whole…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Sampling Methods and Bias with Surveys: Crash Course Statistics #10; Author: CrashCourse;https://www.youtube.com/watch?v=Rf-fIpB4D50;License: Standard YouTube License, CC-BY
Statistics: Sampling Methods; Author: Mathispower4u;https://www.youtube.com/watch?v=s6ApdTvgvOs;License: Standard YouTube License, CC-BY