What was the average price of a room at two-star, threestar, and four-star hotels around the world
Question:
a. Construct a frequency distribution and a percentage distribution.
b. Construct a histogram and a percentage polygon.
c. Construct a cumulative percentage distribution and plot a cumulative percentage polygon (ogive).
d. What conclusions can you reach about the cost of two-star, three-star, and four-star hotels?
e. 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.
f. What conclusions can you reach about the relationship of the price of two-star, three-star, and four-star hotels?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 9780134173054
8th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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