BEEF ENTREE

Dessert Ordered Yes No Total

Yes 71 65 136
No 116 348 464
Total 187 413 600

Solution:
Row percentage
Answer A
BEEF ENTREE_x000D_

DESSERT ORDERED YES NO TOTAL

YES 52% 48% 100%
NO 25.00 75.00 100%
TOTAL

Column Percentage

BEEF ENTREE

DESSERT ORDERED YES NO TOTAL

YES 37.97 15.74
NO 62.03 84.26
TOTAL 100% 100%

Total Percentage

BEEF ENTREE

DESSERT ORDERED YES NO TOTAL

YES 11.83 10.83 22.67
NO 19.33 58.00 77.33
TOTAL 31.17 68.83 100.00

Answer B
If the owner is curious about the proportion of male and female customers who order
or the proportion of people who order a beef meal and a dessert among all customers
important table is the overall percentage one.
Answer C
Customers purchasing a beef entrée are more than twice as likely to order dessert as c
not ordering a beef entrée. Men (=16%) are more than twice as likely to order dessert
(=6.67%%). 37.97% of customers ordering beef entrées ordered dessert compared t
percent selecting other.
 GENDER
DESSERT ORDERED MALE FEMALE TOTAL
YES 96 40 136
NO 224 240 464
TOTAL 320 280 600

Row Percentage

GENDER

DESSERT ORDERED MALE FEMALE TOTAL

YES 71% 29% 100%
NO 48.28 51.72 100
TOTAL

Column Percentage

GENDER

DESSERT ORDERED MALE FEMALE TOTAL

YES 30.00 14.29
NO 70.00 85.71
TOTAL 100% 100%

Total Percentage

GENDER

DESSERT ORDERED MALE FEMALE TOTAL

YES 16.00 6.67 22.67
NO 37.33 40 77.33
TOTAL 53.33 46.67 100

and female customers who order desserts

nd a dessert among all customers, the most
ll percentage one.
wice as likely to order dessert as customers
n twice as likely to order dessert as women
rées ordered dessert compared to 15.74
other.
Solution:
7 Answer A
8 Mean 23.2
4 Median 23.5
Since mean is les
5 Mode 30 nega
16 First Quartile 18.25
20 Third Quartile 30
20
24
We can conclude th
19 Answer B
30 Variance 153.4316
23 Standard deviation 12.38675
30 Range 52
25 Interquartile range 11.75
19 Coefficient of variation 0.533912
29
29
30 Z-scores
30 -1.31707317073171
40 -1.23577235772358
56 -1.5609756097561
-1.47967479674797
-0.585365853658536
-0.260162601626016
-0.260162601626016
0.0650406504065041
-0.341463414634146
0.552845528455285
-0.016260162601626
0.552845528455285
0.146341463414634
-0.341463414634146
0.471544715447154
0.471544715447154
0.552845528455285
0.552845528455285
1.36585365853659
2.66666666666667

Since Z-score lie outside -2 and +2, there are outliers.

 Answer C

Since mean is less than median, the data is

negatively skewed.

Answer D

We can conclude that data is skewed and hence

involves.
 Solution:
Year DJIA S&P 500 NASDAQ
2005 -0.6 2.9 1.4
2004 3.4 9.1 8.6
2003 30.0 26.4 50.0
2002 -16.8 -24.2 -31.5

Answer A
Geometric Rates of Return
DJIA 11.77%
S&P 500 11.40%
NASDAQ 3.14%

Answer B

Looking at the geometric mean rates of return for the 3 markets, we can conclude that the investors still
profited from the markets. However, looking at the number, we can say that NASDAQ came to be the
most profitable during the 4 years. This can be inferred by debating that after the 9/11 attack, there has
been a boom in information and technology, mainly to increase defense capabilities of the military.

Answer C PROBLEM 3.19 PROBLEM 3.20

DJIA 11.77% 15.79%
S&P 500 11.40% 15.29%
NASDAQ 3.14% 14%
 DJIA PROB 3.20
-0.006 1 0.994 YEAR DJIA
0.034 1 1.034 2005 12.3
0.3 1 1.3 2004 5.7
0.168 1 1.168 2003 36
1.560605 0.25 2002 24.6
1.117695
0.117695 0.123
0.057
0.36
NASDAQ 0.246
0.014 1 1.014
0.086 1 1.086 DJIA
0.5 1 1.5 GEOMEAN 0.157854
-0.315 1 0.685 15.78536
1.131487 0.25
1.031365
0.031365

S&P 500
0.029
0.091
0.264
0.242
 DJIA NASDAQ
17.8 29.5
4.6 14.2
19.9 27.8
25.6 3.3

0.178 0.295
0.046 0.142
0.199 0.278
0.256 0.033

DJIA NASDAQ
0.142912 0.140013
14.29117 14.00126
Solution: Answer A
8.312 Mean 8.42089796 Quartile
8.343 Median 8.42 1 8.404
8.317 Range 0.186 3 8.459
8.383 Standard deviation 0.04611455
8.348 Minimum 8.312
8.410 Maximum 8.498
8.351
8.373
8.481 Answer B
8.422 FIVE - NUMBER SUMMARY
8.476 X smallest Q1 Median Q3 Xlargest
8.382 8.312 8.404 8.42 8.459 8.498
8.484
8.403
8.414 Up to Q1 8.404
8.419 Q1 to Q2 0.505
8.385 Q2 to Q3 0.749
8.465 Bottom Whisker 0.092
8.498 Top Whisker 0.039
8.447 Answer C
8.436
This chart isn't available in your version of Excel.
8.413
8.489 Editing this shape or saving this workbook into a different file format will
8.414 permanently break the chart.
8.481
8.415
8.479
8.429
8.458
8.462
8.460
8.444
8.429
8.460
8.412
8.420 The shape manifests a right skewed distribution.
8.410 Left
8.405
8.323 Answer D
8.420
8.396
8.447 It may be said that all 49 of the troughs, or 100% of their widths,
8.405 will satisfy the company's demand that they be between 8.31 and
8.439 8.61 inches broad.
 It may be said that all 49 of the troughs, or 100% of their widths,
will satisfy the company's demand that they be between 8.31 and
8.61 inches broad.
8.411
8.427
8.420
8.498
8.409
 8.312 -8.343
8.348 - 8.382
8.383 - 8.403
8.405 - 8.412
8.413 - 8.420
8.422 - 8.436
8.439 - 8.458
8.460 - 8.476
8.479 - 8.498

mat will