Question: Question 12. There is a second part to this question. 12. [-/6.25 Points] DETAILS BBBASICSTAT8ACC 6.1.011.S. MY NOTES ASK YOUR TEACHER What is the income
Question 12. There is a second part to this question.

12. [-/6.25 Points] DETAILS BBBASICSTAT8ACC 6.1.011.S. MY NOTES ASK YOUR TEACHER What is the income distribution of super shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. In the following table, income units are in thousands of dollars, and each interval goes up to but does not include the given high value. The midpoints are given to the nearest thousand dollars. Income range 5-15 15-25 25-35 35-45 45-55 55 or more Midpoint x 10 20 30 40 50 60 Percent of super shoppers 22%% 13% 21% 16% 18% 10% (a) Using the income midpoints x and the percent of super shoppers, do we have a valid probability distribution? Explain. O No. The events are indistinct and the probabilities sum to 1. O Yes. The events are distinct and the probabilities do not sum to 1. O Yes. The events are indistinct and the probabilities sum to less than 1. Yes. The events are distinct and the probabilities sum to 1. O No. The events are indistinct and the probabilities sum to more than 1. (b) Use a histogram to graph the probability distribution of part (a). (Select the correct graph.) 25 20 TTTTTTTTT 15 Supr Shpprs 10 Type here to search O ofs 10:04 AM 82.F
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
