Solution Found!
A chain of sport shops catering to beginning skiers, headquartered in Aspen, Colorado
Chapter 0, Problem 37(choose chapter or problem)
A chain of sport shops catering to beginning skiers, headquartered in Aspen, Colorado, plans to conduct a study of how much a beginning skier spends on his or her initial purchase of equipment and supplies. Based on these figures, it wants to explore the possibility of offering combinations, such as a pair of boots and a pair of skis, to induce customers to buy more. A sample of cash register receipts revealed these initial purchases
a. Arrive at a suggested class interval. Use six classes, and let the lower limit of the first class be $70.
b. What would be a better class interval?
c. Organize the data into a frequency distribution using a lower limit of $80.
d. Interpret your findings.
Questions & Answers
QUESTION:
A chain of sport shops catering to beginning skiers, headquartered in Aspen, Colorado, plans to conduct a study of how much a beginning skier spends on his or her initial purchase of equipment and supplies. Based on these figures, it wants to explore the possibility of offering combinations, such as a pair of boots and a pair of skis, to induce customers to buy more. A sample of cash register receipts revealed these initial purchases
a. Arrive at a suggested class interval. Use six classes, and let the lower limit of the first class be $70.
b. What would be a better class interval?
c. Organize the data into a frequency distribution using a lower limit of $80.
d. Interpret your findings.
ANSWER:Step 1 of 4
(a)
Here highest receipt is
Lowest receipt is
We are asked to use 
Class interval
