answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xxTIMURxx
1 day ago
6

A sample of 28 time shares in the Orlando, Florida, area revealed the following daily charges for a one-bedroom suite. For conve

nience the data are ordered from smallest to largest. Construct a box plot to represent the data. Comment on the distribution. Be sure to identify the first and third quartiles and the median. $116 $121 $157 $192 $207 $209 $209 229 232 236 236 239 243 246 260 264 276 281 283 289 296 307 309 312 317 324 341 353

Business
2 answers:
Free_Kalibri [3.4K]1 day ago
8 0

Response:

Analysis:

Minimum      116

Q1            224

Median    253

Q3            298.75

Maximum   353

median 253

range 237

soldi70 [3.4K]1 day ago
6 0

Response: Median = 253, lower Quartile = 219, Upper quartile = 301.5

                                 

Clarification:

Minimum = 116

Average = 253 = the mean indicates the average daily fee. This is determined by adding up all the charges and dividing by the total number of days.

                     

Q1 = 219 = the lower Quartile. This quartile signifies the lowest 25% of the dataset.

Q2 = 253 = Median. The median indicates the midpoint of the dataset, serving as a measure of central tendency.

Q3 = 301.5 = Upper quartile. The upper quartile includes 75% of the data.

Maximum = 353  

The box and whisker chart offers a visual grouping of data into quartiles.

The median stands at $253, with this daily charge of $253 for the one-bedroom suite bisecting the dataset (Charges per day) into two equal portions: the lower and upper halves, positioning the $253 charge at the center.

The median equals $253, while the lower quartile is $219 and the upper quartile is 301.5, these figures illustrate that 75% of the daily charges for the suite were around $219. The Box and Whisker Graph demonstrates that for the majority of the days, the charges exceeded $219, leading to a longer lower whisker compared to the upper whisker.  

The average charge for a one-bedroom suite aligns with the median, also $253, indicating that the typical daily rate for the suite was $253. With a mean of $253, we can deduce that most daily charges are clustered near this median, thus causing the box and whisker plot to lean towards the right side (upper side), as 50% of the daily rates already surpass $253 with the median at $253.

 

You might be interested in
Exotic crafts inc., a handicraft manufacturing company, has an established marketing department responsible for various importan
arsen [3236]

Answer:

The primary role of Exotic Craft's marketing division is to guarantee that the company's products are delivered to content customers.

Explanation:

The marketing division holds a crucial dual responsibility; it must ensure customer satisfaction and simultaneously work towards increasing overall sales and market share. The marketing department acts as the public face of the company and strives to represent it in the most favorable light.

6 0
1 month ago
​target's donation of​ 5% of its annual income to community support is an example of​ ________.
Katen [3220]

​The donation of​ 5% of Target's annual revenue towards community initiatives exemplifies​ social responsibility.

This concept of social responsibility involves ethical obligations and civic duty. Through these contributions, Target enhances societal well-being while balancing its growth with community welfare.

4 0
22 days ago
Carrying and using a high-end credit card like an American Express Centurion Card would satisfy needs at what level in the Maslo
Scilla [3549]

Answer:

Using and carrying a premium credit card like the American Express Centurion Card fulfills needs at which tier of the Maslow hierarchy?

Esteem level.

Explanation:

The Maslow hierarchy of needs is a psychological model comprising five levels arranged in a pyramid format. The lower tiers consist of basic needs that must be addressed before tackling those higher up. These foundational needs typically include physical requirements such as food, shelter, and security, whereas the higher tiers aim to enhance a person's overall quality of life. They encompass aspects like safety, love, basic needs, and self-actualization.

The hierarchy can be divided into two categories: deficiency needs and growth needs. The initial four levels correspond to deficiency needs, while the top level is characterized as a growth need. Deficiency needs stem from a lack or deprivation, while growth needs originate from a potent desire to improve and excel. The five levels are physiological, safety, love and belonging, esteem, and self-actualization.

In this scenario, an individual possessing a high-end credit card is likely motivated by status, placing them firmly within the esteem level of Maslow's hierarchy.

5 0
1 month ago
Caribbean Airlines has installed automated ticket machines in its major airport terminals that enable passengers to purchase tic
Free_Kalibri [3484]
Contributor to quality and satisfaction. Service experiences stem from the interaction dynamics between customers and the organization. Customer satisfaction is fundamental for any service provider. In certain situations, customers significantly impact the satisfaction obtained and the perceived value of the service. Additionally, they contribute to achieving quality and productivity during service delivery.
6 0
21 day ago
The management team has asked you to reschedule the project so it finishes two weeks earlier without spending more money. They h
Scilla [3549]

Answer:

Crash the schedule.

Explanation:

Using fast-tracking enables earlier completion of the task but incurs higher costs. Assigning seasoned individuals to the project will also increase management expenses. Reducing the project scope leads to a quicker finish by decreasing requirements. Hence, options A, B, and D are not viable solutions.

Opting to crash the schedule (option C) is the correct choice since it efficiently utilizes resources to accelerate task completion without additional expenditure.

5 0
1 month ago
Other questions:
  • For some reason, the seller of a home at 123 Mulberry Lane decided not to close on a sale transaction on closing day. The seller
    12·1 answer
  • A soft drink costs 75 cents for a 12-oz can. A two-liter bottle costs $1.25. In which form is the soft drink more expensive? How
    9·1 answer
  • Why are homeowners associations (hoa) comprised of people who live in the neighborhood and not experienced business administrato
    14·2 answers
  • If increasing physical capital increases productivity, why would a company not buy newer, faster computers for all its workers e
    15·1 answer
  • In Sweden, firms that fail to meet their debt obligations are immediately auctioned off to the highest bidder. (There is no reor
    14·1 answer
  • A company's strategic weapon is any product, service, or other attribute it has that ________.
    10·2 answers
  • Marcus is the owner of four Pizza Pizzazz restaurants in Santa Fe. Although the employee selection and training aspects of his b
    6·1 answer
  • The number of employees in a company is reduced in the ratio 3 : 2 and the salary of each employee is increased in the ratio 4 :
    8·1 answer
  • What would happen to the equilibrium price and quantity of lattés if coffee shops began using a machine that reduced the amount
    11·1 answer
  • A project on kickstarter.com was aiming to raise $15,000 for a precision coffee press. they ended up with 714 supporters, raisin
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!