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Cell phones have become a necessity for many people throughout the world because modern society has a need for constant access to the internet and the information contained within it. The ability to access email and communicate with family are only two of the reasons for the increasing importance utilize new technologies in an effort to persuade customers to buy their latest models. However, buying a cell phone is a complicated decision and a consumer will probably spend a lot of money, depending on the features that are important to them. cell phones. Cell phone manufacturers are constantly updating features to We will explore the variation/variability in cell phone retail prices in May 2021 with two datasets. For convenience, these two datasets have been combined into a single file for uploading into SALT. One of these datasets contains retail prices from Amazon, Walmart, and Best Buy in May 2021 of the top-rated models for 2021 as found in columns 1 and 2 of the dataset in SALT. The other dataset contains retail prices in May 2021 for cell phones sold by the top three service providers, AT&T, Verizon, and T- Mobile as found in columns 3 and 4 of the dataset in SALT. The first five rows of the file look like this. Top Rated Phone Retail Price Top Retailer Phone Retail Price Service Provider 329.97 Walmart 29.99 T-Mobile 340 Amazon 62.99 AT&T 349 Amazon 100 T-Mobile 349 Walmart 119.99 Verizon 349.99 Best Buy 120 T-Mobile Import the file containing both datasets into SALT for analyzing. A USE SALT We will use SALT to summarize the numerical variable from each dataset. Click on the "Descriptive Statistics" tab along the top menu bar. CENGAGE Learning SALT: Statistyeal Analysis and DESCRIPTIVE STATISTICS CHARTS AND GRAPHS DATASET Locate the "Summary Table" for "Numerical Variables" and read this table. Summary Table Numerical Variables Enter the summary statistics in the appropriate cell of the table below, rounded to two decimal places as needed. Variable Mean Median Top Rated Phone Retail Price 807.91 5 349 Phone Retail Price 86.59 5 699.99

Cell phones have become a necessity for many people throughout the world because modern society has a need for constant access to the internet and the information contained within it. The ability to access email and communicate with family are only two of the reasons for the increasing importance utilize new technologies in an effort to persuade customers to buy their latest models. However, buying a cell phone is a complicated decision and a consumer will probably spend a lot of money, depending on the features that are important to them. cell phones. Cell phone manufacturers are constantly updating features to We will explore the variation/variability in cell phone retail prices in May 2021 with two datasets. For convenience, these two datasets have been combined into a single file for uploading into SALT. One of these datasets contains retail prices from Amazon, Walmart, and Best Buy in May 2021 of the top-rated models for 2021 as found in columns 1 and 2 of the dataset in SALT. The other dataset contains retail prices in May 2021 for cell phones sold by the top three service providers, AT&T, Verizon, and T- Mobile as found in columns 3 and 4 of the dataset in SALT. The first five rows of the file look like this. Top Rated Phone Retail Price Top Retailer Phone Retail Price Service Provider 329.97 Walmart 29.99 T-Mobile 340 Amazon 62.99 AT&T 349 Amazon 100 T-Mobile 349 Walmart 119.99 Verizon 349.99 Best Buy 120 T-Mobile Import the file containing both datasets into SALT for analyzing. A USE SALT We will use SALT to summarize the numerical variable from each dataset. Click on the "Descriptive Statistics" tab along the top menu bar. CENGAGE Learning SALT: Statistyeal Analysis and DESCRIPTIVE STATISTICS CHARTS AND GRAPHS DATASET Locate the "Summary Table" for "Numerical Variables" and read this table. Summary Table Numerical Variables Enter the summary statistics in the appropriate cell of the table below, rounded to two decimal places as needed. Variable Mean Median Top Rated Phone Retail Price 807.91 5 349 Phone Retail Price 86.59 5 699.99

Algebra for College Students
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CT: Test
Problem 24CT
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Cell phones have become a necessity for many people throughout the world because modern society has a need for constant access to the internet and the information contained within it. The ability to access email and communicate with family are only two of the reasons for the increasing importance of cell phones. Cell phone manufacturers are constantly updating features to utilize new technologies in an effort to persuade customers to buy their latest models. However, buying a cell phone is a complicated decision and a consumer will probably spend a lot of money, depending on the features that are important to them. We will explore the variation/variability in cell phone retail prices in May 2021 with two datasets. For convenience, these two datasets have been combined into a single file for uploading into SALT. One of these datasets contains retail prices from Amazon, Walmart, and Best Buy in May 2021 of the top-rated models for 2021 as found in columns 1 and 2 of the dataset in SALT. The other dataset contains retail prices in May 2021 for cell phones sold by the top three service providers, AT&T, Verizon, and T- Mobile as found in columns 3 and 4 of the dataset in SALT. The first five rows of the file look like this. Top Rated Phone Retail Price Top Retailer Phone Retail Price Service Provider 329.97 Walmart 29.99 T-Mobile 340 62.99 AT&T Amazon 349 Amazon 100 T-Mobile 349 Walmart 119.99 Verizon 349.99 Best Buy 120 T-Mobile Import the file containing both datasets into SALT for analyzing. A USE SALT We will use SALT to summarize the numerical variable from each dataset. Click on the "Descriptive Statistics" tab along the top menu bar. CENGAGE Learning SALT: Statistral Analysts and DESCRIPTIVE STATISTICSs DATASET CHARTS AND GRAPHS Locate the "Summary Table" for "Numerical Variables" and read this table. Summary Table , Numerical Variables Enter the summary statistics in the appropriate cell of the table below, rounded to two decimal places as needed. Variable Mean N Median Top Rated Phone Retail Price 807.91 5 349 Phone Retail Price 86.59 699.99
Transcribed Image Text:Cell phones have become a necessity for many people throughout the world because modern society has a need for constant access to the internet and the information contained within it. The ability to access email and communicate with family are only two of the reasons for the increasing importance of cell phones. Cell phone manufacturers are constantly updating features to utilize new technologies in an effort to persuade customers to buy their latest models. However, buying a cell phone is a complicated decision and a consumer will probably spend a lot of money, depending on the features that are important to them. We will explore the variation/variability in cell phone retail prices in May 2021 with two datasets. For convenience, these two datasets have been combined into a single file for uploading into SALT. One of these datasets contains retail prices from Amazon, Walmart, and Best Buy in May 2021 of the top-rated models for 2021 as found in columns 1 and 2 of the dataset in SALT. The other dataset contains retail prices in May 2021 for cell phones sold by the top three service providers, AT&T, Verizon, and T- Mobile as found in columns 3 and 4 of the dataset in SALT. The first five rows of the file look like this. Top Rated Phone Retail Price Top Retailer Phone Retail Price Service Provider 329.97 Walmart 29.99 T-Mobile 340 62.99 AT&T Amazon 349 Amazon 100 T-Mobile 349 Walmart 119.99 Verizon 349.99 Best Buy 120 T-Mobile Import the file containing both datasets into SALT for analyzing. A USE SALT We will use SALT to summarize the numerical variable from each dataset. Click on the "Descriptive Statistics" tab along the top menu bar. CENGAGE Learning SALT: Statistral Analysts and DESCRIPTIVE STATISTICSs DATASET CHARTS AND GRAPHS Locate the "Summary Table" for "Numerical Variables" and read this table. Summary Table , Numerical Variables Enter the summary statistics in the appropriate cell of the table below, rounded to two decimal places as needed. Variable Mean N Median Top Rated Phone Retail Price 807.91 5 349 Phone Retail Price 86.59 699.99
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