What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a shopper

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What is the age distribution of promotion-sensitive 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. The following table is based on information taken from Trends in the United States (Food Marketing Institute, Washington, D.C.):
What is the age distribution of promotion-sensitive shoppers? A supermarket

For the 62-and-over group, use the midpoint 67 years.
(a) Using the age midpoints x and the percent of super shoppers, do we have a valid probability distribution? Explain.
(b) Use a histogram to graph the probability distribution of part (a).
(c) Compute the expected age m of a super shopper.
(d) Compute the standard deviation s for ages of super shoppers.

Distribution
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Understanding Basic Statistics

ISBN: 9781111827021

6th Edition

Authors: Charles Henry Brase, Corrinne Pellillo Brase

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