Math

StatisticsQ&A LibraryEach year forbes ranks the world’s most valuable brands. A portion of the data for 82 ofthe brands in the 2013 forbes list is shown in Table 2.12 (forbes website, february, 2014).The data set includes the following variables:brand: The name of the brand.Industry: The type of industry associated with the brand, labeled Automotive& Luxury, Consumer Packaged Goods, financial Services, Other, Technology.brand Value ($ billions): A measure of the brand’s value in billions of dollarsdeveloped by forbes based on a variety of financial information about the brand.1-Yr Value Change (%): The percentage change in the value of the brand over theprevious year.brand Revenue ($ billions): The total revenue in billions of dollars for the brand.a. Prepare a crosstabulation of the data on Industry (rows) and brand Value ($ billions).Use classes of 0–10, 10–20, 20–30, 30–40, 40–50, and 50–60 for brand Value($ billions).b. Prepare a frequency distribution for the data on Industry.Start your trial now! First week only $4.99!*arrow_forward*

Question

Each year forbes ranks the world’s most valuable brands. A portion of the data for 82 of

the brands in the 2013 forbes list is shown in Table 2.12 (forbes website, february, 2014).

The data set includes the following variables:

brand: The name of the brand.

Industry: The type of industry associated with the brand, labeled Automotive

& Luxury, Consumer Packaged Goods, financial Services, Other, Technology.

brand Value ($ billions): A measure of the brand’s value in billions of dollars

developed by forbes based on a variety of financial information about the brand.

1-Yr Value Change (%): The percentage change in the value of the brand over the

previous year.

brand Revenue ($ billions): The total revenue in billions of dollars for the brand.

a. Prepare a crosstabulation of the data on Industry (rows) and brand Value ($ billions).

Use classes of 0–10, 10–20, 20–30, 30–40, 40–50, and 50–60 for brand Value

($ billions).

b. Prepare a frequency distribution for the data on Industry.

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