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Type of cake Cost per cake (in $) Number of cakes sold

1 36 370
2 32 200
3 41 207
4 12 38
5 27 272 Question 1.
6 5 16 80
7 31 161
8 47 426
9 30 95 Question 2
10 15 130 Median
11 46 48 Mean
12 18 165
13 30 155 Question 3
14 21 131 Q1
15 23 213 Q3
16 31 71 IQR
17 38 157
18 12 89 Question 4
19 18 80 Mean
20 35 218

21 32 137 Question 5
22 10 51 Answer
23 50 251
24 44 91 Question 6 (IQR)
25 41 416
26 42 173
27 34 209 Question 7
28 31 221
29 50 101
30 50 405 Question 8
31 39 120
32 32 265
33 4 27 Question 9
34 28 205
35 26 84
36 42 44
37 14 35 Question 10
38 13 99
39 37 84
40 37 342
41 1 11
42 15 108
43 13 68
44 42 424
45 9 58
46 42 135
47 1 10
48 34 242
49 21 69
50 35 41
51 9 49
52 13 84
53 46 50
54 44 265
55 5 38
56 32 41
57 29 206
58 16 150
59 34 138
60 45 185
61 7 43
62 41 125
63 29 180
64 39 242
65 45 182
66 23 100
67 2 7
68 0 10
69 25 227
70 42 302
71 0 5
72 38 48
73 50 509
74 12 43
75 8 82
76 44 51
77 25 234
78 1 7
79 28 288
80 0 6
81 7 50
82 12 105
83 42 261
84 31 225
85 9 64
86 28 114
87 29 267
88 10 49
89 41 86
90 44 137
17 181
Little Momma's Monster Bakery makes so many types o
on the left shows the type of cake, it's cost and the num

Use basic descriptive statistics to answer th


directly in Excel, provide just the answers in
1) How much did all the type 6 cakes cost to bake?
2) What is the median and the mean of the cost per cake
3) What is the IQR of the cost per cake regardless of the
4) What is the average cost per cake for ALL the cakes Li
5) How much money would you need to be able to affor
Monster Bakery sells if you want to buy only one cake an
29.5 6) What is the price range of 50% of cakes between Q1 a
7) Which type of cake was sold most often?
26.6888888888889 8) How many cakes were sold more than 150 times? Wh
9) What is the correlation coefficient between the cost p
10) Based on the correlation coefficient, do you expect t
13 same when the cost per cake increases? Explain briefly!
40.5
27.5

26.6888888888889
ANSWERS

1) 16 * 5 = 80
2) Median = 29.5 and Mean = 26.688889
40.5 3) IQR = 27.5
4) Mean = 26.6889
5) 40.5 $
27.5 6) The price range of 50% of cakes between Q1 and Q3
7) Type 73 cake was sold the most times which is, 509 ti
8) 36 types of cakes were sold more than 150 times. I u
=COUNTIF(Table1[[Number of cakes sold ]],">150")
509 9) 0.604805483
10) Since the correlation coefficient is 0.6, it will increa
close to 0 then it would have stayed the same.
36

0.604805483149035

Correlation Coefficcient
y makes so many types of cakes that they just call each cake by a number. The table
ake, it's cost and the number of cakes sold.

atistics to answer the following questions. Show your work


e just the answers in the text box below!
cakes cost to bake?
mean of the cost per cake regardless of the number of cakes sold for each type?
er cake regardless of the number of cakes sold for each type?
cake for ALL the cakes Little Momma's Monster Bakery sold? (Use the mean.)
u need to be able to afford 75% or less of the types of cakes that Little Momma's
nt to buy only one cake and the price is equal to the cost per cake?
% of cakes between Q1 and Q3? Provide the actual range, not just one number.
most often?
more than 150 times? What method did you use to come up with your answer?
fficient between the cost per cake and the number of cakes sold?
efficient, do you expect the number of cakes sold to increase, decrease or stay the
creases? Explain briefly!

26.688889

kes between Q1 and Q3 is from $13 to $40.5.


most times which is, 509 times
more than 150 times. I used the COUNTIF function. The specific formula was
cakes sold ]],">150")

cient is 0.6, it will increase. If it was negative it would have decresed, if it was
tayed the same.

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