Bride’s magazine reports the cost of the average honeymoon as $5111. Assume that their findings could have been based on the honeymoon expenditures of a sample consisting of 300 couples whose costs are listed in data file XR03066. Source: msnbc.msn.com, itne 26. 2009.
a. Confirm the
b. Generate and interpret the box-and-whisker plot for the couples in the sample.
c. From the results in parts (a) and (b), do there appear to be any “outlier’ couples who have spent an unusually large amount of money on their honeymoon? If so, what kinds of companies or organizations might have an interest in finding out how to identify such couples before they’ve made their honeymoon plans?
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Chapter 3 Solutions
Introduction to Business Statistics
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt