Math

StatisticsSTATISTICS F/BUSINESS+ECONOMICS-TEXTThe data contained in the DATAfile named FoodIndustry show the company/chain name, the average sales per store ($1000s), and the food segment industry for 47 restaurant chains ( Quick Service Restaurant Magazine website, August 2013). a. What was the mean U.S. sales per store for the 47 restaurant chains? b. What are the first and third quartiles? What is your interpretation of the quartiles? c. Show a box plot for the level of sales and discuss if there are any outliers in terms of sales that would skew the results. d. Develop a frequency distribution showing the average sales per store for each segment. Comment on the results obtained.BuyFind*launch*

13th Edition

Anderson

Publisher: CENGAGE L

ISBN: 9781305881884

Chapter 3, Problem 69SE

Textbook Problem

The data contained in the DATAfile named FoodIndustry show the company/chain name, the average sales per store ($1000s), and the food segment industry for 47 restaurant chains (*Quick Service Restaurant Magazine* website, August 2013).

- a. What was the mean U.S. sales per store for the 47 restaurant chains?
- b. What are the first and third quartiles? What is your interpretation of the quartiles?
- c. Show a box plot for the level of sales and discuss if there are any outliers in terms of sales that would skew the results.
- d. Develop a frequency distribution showing the average sales per store for each segment. Comment on the results obtained.

STATISTICS F/BUSINESS+ECONOMICS-TEXT

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