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A set of data contains 53 observations. The lowest value

Basic Statistics for Business and Economics | 7th Edition | ISBN: 9780077384470 | Authors: Douglas Lind; William Marchal; Samuel Wathen ISBN: 9780077384470 64

Solution for problem 10E Chapter 2

Basic Statistics for Business and Economics | 7th Edition

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Basic Statistics for Business and Economics | 7th Edition | ISBN: 9780077384470 | Authors: Douglas Lind; William Marchal; Samuel Wathen

Basic Statistics for Business and Economics | 7th Edition

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Problem 10E

Problem 10E

A set of data contains 53 observations. The lowest value is 42 and the largest is 129. The data are to be organized into a frequency distribution.

a. How many classes would you suggest?

b. What would you suggest as the lower limit of the first class?

Step-by-Step Solution:

Solution:

Step 1 of 3:

It is given that a set of data contains 53 observations with 42 as the lowest value and 129 as the largest value.

Using this we need to find the required values.


Step 2 of 3

Chapter 2, Problem 10E is Solved
Step 3 of 3

Textbook: Basic Statistics for Business and Economics
Edition: 7
Author: Douglas Lind; William Marchal; Samuel Wathen
ISBN: 9780077384470

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A set of data contains 53 observations. The lowest value