Contemporary Mathematics for Business and Consumers, Third Edition

Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 2
Chapter 21 - Section I - Exercise 1

As the sales manager for Magnum Enterprises, you have been asked by the president to prepare the
following charts for the shareholders' meeting next week. Use the 6-month sales report Table 21-1,
as the database for these charts. Calculate totals as required:

Jan Feb Mar Apr May Jun

Standard
Deluxe
Total

Total Sales Per Month

1600000

1500000

1400000

1300000
Sales

1200000

1100000

1000000

900000

800000
Jan Feb Mar Apr May Jun

Months
Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 1
Chapter 21 - Section I - Exercise 2

Construct a multiple-line chart of the total sales per month of each model, standard and deluxe.

Use Table 21-1 as the database for this chart.

Jan Feb Mar Apr May Jun

Standard
Deluxe

Sales Per Month

12

10

8
Deluxe
Standard
Sales

0
Jan Feb Mar Apr May Jun
Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 3
Chapter 21 - Section I - Exercise 3

Construct a standard bar chart of the deluxe sales per month in the Southeast territory.

Use table 21-1 as the database for this chart.

Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 1
Chapter 21 - Section I - Exercise 4

Construct a component bar chart of the standard and deluxe model sales as components of total
monthly sales in the Northeast territory.

Use Table 21-1 as the database for this chart.

Jan Feb Mar Apr May Jun

Standard
Deluxe
Total 0.00 0.00 0.00 0.00 0.00 0.00

Standard/Deluxe Sales Per Month

10
9
8
7
6 Deluxe
5
Sales Standard
4
3
2
1
0
Jan Feb Mar Apr
Months May Jun
Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 3
Chapter 21 - Section I - Exercise 5

Construct a comparative bar chart of the standard and deluxe model sales per month in the Northwest
territory.

Use Table 21-1 as the database for this chart.

Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 2
Chapter 21 - Section II - Exercise 1

Calculate the mean of the following set of values (round to the nearest tenth when
applicable):

4 6 1 8 9 2 3 5 5 6 8 9 10

Sum of values =

Number of values =

Mean =
Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 3
Chapter 21 - Section II - Exercise 2

Calculate the mean of the following set of values (round to the nearest tenth when
applicable):

324 553 179 213 423 336 190 440 382 111 329 111 397
Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 3
Chapter 21 - Section II - Exercise 14

You are the owner of The Dependable Delivery Service. Your company has four vehicles:
a large and a small van and a large and a small truck. The following set of data repre-
sents the number of packages delivered last week:

Monday Tuesday Wednesday Thursday Friday

Small Van 67 86 94 101 86
Large Van 142 137 153 165 106
Small Truck 225 202 288 311 290
Large Truck 322 290 360 348 339

a. What is the mean number of packages delivered for each van?

b. What is the median number of packages delivered for each truck?

c. What is the mean number of packages delivered on Monday?

d. What is the median number of packages delivered on Thursday?

Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 2
Chapter 21 - Section III - Exercise 1

You are the sales manager of the Esquire Sportswear Company. Last week, your 30
salespersons reported the following automobile mileage while making sales calls to
retail stores around the state:

385 231 328 154 283 86 415 389 575 117 75 173 247 316 357
211 432 271 93 515 376 328 183 359 136 88 438 282 375 637

a. Group the data into seven classes of equal size (0-99, 100-199, 200-299, 300-399,
etc.) and construct a frequency distribution of the mileage.

Class Tally Frequency

00-99 IIII
100-199 IIIII
200-299 IIIII I
300-399 IIIII IIII
400-499 III
500-599 II
600-699 I

b. Calculate the mean of the grouped data by using 49.5, 149.5, 249.5, etc., as the midpoints.

Class Tally Frequency Midpoint (m) fxm

00-99 IIII
100-199 IIIII
200-299 IIIII I
300-399 IIIII IIII
400-499 III
500-599 II
600-699 I

Totals =

Mean =

c. Prepare a histogram of these data to graphically illustrate

your salespersons' mileage

Mileage
12

10

0
00-99 100-199 200-299 300-399 400-499 500-599 600-699
Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 3
Chapter 21 - Assessment Test - Exercise 1

The following data represent the monthly sales figures, in thousands, for the New York
and California branches of the Discovery Corporation:

April May June July August September

New York 121 254 218 156 255 215
California 88 122 211 225 248 260

a. Construct a multiple-line chart depicting the monthly sales for the two branches.
b. Construct a comparative bar chart for the same data. Highlight the bars for each branch
differently.
Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 3
Chapter 21 - Assessment Test - Exercise 3

Last month, Computer Village sold $150,000 in standard computers, $75,000 in

portable computers, $30,000 in software, $37,500 in printers, and $7,500 in accessories.

a. What percent of the total sales does each category of merchandise represent?

b. Construct a pie chart showing the percentage breakdown of sales by merchandise

category.
Hint: To show percents rounded to tenths, select Show values for the Data labels when setting
your Chart options (rather than Show percents).