Question: Show work using Excel and Data Analysis ToolPak (as needed) to solve problems. A local electronics retailer recently conducted a study on purchasers of large
Show work using Excel and Data Analysis ToolPak (as needed) to solve problems.
A local electronics retailer recently conducted a study on purchasers of large screen televisions. The study recorded the type of television and the credit account balance of the customer at the time of purchase. They obtained the following results.
What percentage of purchases were plasma televisions by customers with the smallest credit balances?
Credit Balance LED LCD Plasma Projection
Under $200 10 15 45 5
$200-$800 8 12 25 15
Over $800 16 10 16 30
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