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Get Full Access to Basic Statistics For Business And Economics - 7 Edition - Chapter 2 - Problem 5e
Get Full Access to Basic Statistics For Business And Economics - 7 Edition - Chapter 2 - Problem 5e

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# Wellstone, Inc., produces and markets replacement covers

ISBN: 9780077384470 64

## Solution for problem 5E Chapter 2

Basic Statistics for Business and Economics | 7th Edition

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Problem 5E

Problem 5E

Wellstone, Inc., produces and markets replacement covers for cell phones in a variety of colors. The company would like to allocate its production plans to five different colors: bright white, metallic black, magnetic lime, tangerine orange, and fusion red. The company set up a kiosk in the Mall of America for several hours and asked randomly selected people which cover color was their favorite. The results follow:

 Bright white 130 Metallic black 104 Magnetic lime 325 Tangerine orange 455 Fusion red 286

a. What is the table called?

b. Draw a bar chart for the table.

c. Draw a pie chart.

d. If Wellstone, Inc., plans to produce 1 million cell phone covers, how many of each color should it produce?

Step-by-Step Solution:

Solution :

Step 1 of 4:

From the given information we know that a company set up a kiosk in the Mall of America for several hours .

Then the table is given below.

 Bright white 130 Metallic black 104 Magnetic lime 325 Tangerine orange 455 Fusion red 286

Our goal is:

a). We need to find the table.

b). We need to plot a Bar chart.

c). We need to plot a Pie chart.

d). We need to find how many of each color should it produce.

a). The table is called as frequency table.

Step 2 of 4

Step 3 of 4

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