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Zip codes revisited Here are some summary statistics to go

Stats: Data and Models | 4th Edition | ISBN: 9780321986498 | Authors: Richard D. De Veaux, Paul F. Velleman, David E. Bock ISBN: 9780321986498 70

Solution for problem 56E Chapter 3

Stats: Data and Models | 4th Edition

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Stats: Data and Models | 4th Edition | ISBN: 9780321986498 | Authors: Richard D. De Veaux, Paul F. Velleman, David E. Bock

Stats: Data and Models | 4th Edition

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Problem 56E

Problem 56E

Zip codes revisited Here are some summary statistics to go with the histogram of the zip codes of 500 customers from the Holes-R-Us Internet Jewelry Salon that we saw in Exercise:

Exercise

Zip codes Holes-R-Us, an Internet company that sells piercing jewelry, keeps transaction records on its sales. At a recent sales meeting, one of the staff presented a histogram of the zip codes of the last 500 customers, so that the staff might understand where sales are coming from. Comment on the usefulness and appropriateness of the display.

Count

500

Mean

64,970.0

StdDev

23,523.0

Median

64,871

IQR

44,183

Q1

46,050

Q3

90,233

What can these statistics tell you about the company’s sales?

Step-by-Step Solution:
Step 1 of 3

February 21, 2017 R.L Waller, CEO GO’s Stores Inc. 900 Speight Waco, TX 76798 Dear Mr. Waller: Would you believe there a way to increase GO’s Stores sales by simply by offering high quality poultry and entrées to your valued customers Foster Farms can help you increase sales upwards of 20% by providing you with a diverse selection of truly organic, antibiotic­free, deli meats as well as frozen meals and snacks in each of your 102 stores. These simple, yet delicious meals will draw consumers to a healthier option and will keep them coming back to GO’s for more. Quality Products At Foster Farms, we stand behind the environmentally responsible upbringing of each and every one of our animals. Our main goal is to help maintain the effectiveness of human medicine and lessen an

Step 2 of 3

Chapter 3, Problem 56E is Solved
Step 3 of 3

Textbook: Stats: Data and Models
Edition: 4
Author: Richard D. De Veaux, Paul F. Velleman, David E. Bock
ISBN: 9780321986498

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Zip codes revisited Here are some summary statistics to go