Homework Help is Here – Start Your Trial Now!
Math
Statistics
vertising campaign. The Director recorded the advertising the last eight months. The data is shown in the table below advertising cost. 60.86 61.53 68.8 6 Advertising cost, in thousands USD (x) Number of tickets sold, in 2.86 1.62 2.37 thousands (y) a) Create a box whisker diagram for ogoh doto. cot

vertising campaign. The Director recorded the advertising the last eight months. The data is shown in the table below advertising cost. 60.86 61.53 68.8 6 Advertising cost, in thousands USD (x) Number of tickets sold, in 2.86 1.62 2.37 thousands (y) a) Create a box whisker diagram for ogoh doto. cot

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
See similar textbooks
icon
Related questions
Question
5) The marketing director of Sea World was concerned about the effectiveness of a recent advertising campaign. The Director recorded the advertising cost and the number of tickets sold in the last eight months. The data is shown in the table below ad was sorted in ascending order by advertising cost. 60.86 61.53 68.8 68.84 72.19 72.46 73.77 79.44 Advertising cost, in thousands USD (x) Number of tickets sold, in 2.86 1.62 2.37 1.75 1.78 2.48 2.97 1.04 thousands (y) a) Create a box - whisker diagram for each data set and describe the distribution. 2.dl f i) What is the median tickets sold. 765 x ii) What is the mean cost to the park.69.736 iii) What is the interquartile range of the advertising cost. X Suppose the number of tickets sold varies linearly with the advertising cost. c) Find the Pearson's product moment correlation coefficient, r, for this data. stat catulations d) Find the equation of the regression line y on x. X x c) The Marketing Director decides to spend $75000 on advertising next month. Use the equation of the regression line found in part (c) to estimate the number of tickets sold next month. Round your answer to the nearest hundred. b) 7
Transcribed Image Text:5) The marketing director of Sea World was concerned about the effectiveness of a recent advertising campaign. The Director recorded the advertising cost and the number of tickets sold in the last eight months. The data is shown in the table below ad was sorted in ascending order by advertising cost. 60.86 61.53 68.8 68.84 72.19 72.46 73.77 79.44 Advertising cost, in thousands USD (x) Number of tickets sold, in 2.86 1.62 2.37 1.75 1.78 2.48 2.97 1.04 thousands (y) a) Create a box - whisker diagram for each data set and describe the distribution. 2.dl f i) What is the median tickets sold. 765 x ii) What is the mean cost to the park.69.736 iii) What is the interquartile range of the advertising cost. X Suppose the number of tickets sold varies linearly with the advertising cost. c) Find the Pearson's product moment correlation coefficient, r, for this data. stat catulations d) Find the equation of the regression line y on x. X x c) The Marketing Director decides to spend $75000 on advertising next month. Use the equation of the regression line found in part (c) to estimate the number of tickets sold next month. Round your answer to the nearest hundred. b) 7
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS