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Statistics For Business and Economics

The document contains data on income frequencies and relative probabilities for different income brackets in the United States, showing that the highest frequency (15,676 individuals) and relative probability (0.21913748514713) was for the income bracket of $50,000 to $74,999, and over 18,000 individuals earned $75,000 or more. Under $15,000 had the lowest relative probability of 0.10959670091564.

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Lakshya Pratap Singh Rathore
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48 views7 pages

Statistics For Business and Economics

The document contains data on income frequencies and relative probabilities for different income brackets in the United States, showing that the highest frequency (15,676 individuals) and relative probability (0.21913748514713) was for the income bracket of $50,000 to $74,999, and over 18,000 individuals earned $75,000 or more. Under $15,000 had the lowest relative probability of 0.10959670091564.

Uploaded by

Lakshya Pratap Singh Rathore
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Income Frequency (1000s)

Relative probability
Under $10,000 4,187 0.05853078912421
$10,000 - $14,999 3,653 0.05106591179143
$15,000 - $24,999 8,639 0.12076605857273
$25,000 - $34,999 8,996 0.12575662263228
$35,000 - $49,999 12,192 0.17043405326064
$50,000 - $74,999 15,676 0.21913748514713
$75,000 & over 18,192 0.25430907947159
Total 71,535 1

1a. between $50,000 and $74,999, inclusive 0.21913748514713


1b. between $25,000 and $74,999, inclusive 0.51532816104005
1c. under $15,000 0.10959670091564
Standard
Average
Deviatio
MPG
n
Automobile A 42 4
Automobile B 38 7
K boat L boat
12 11.8
13.1 12.1
11.8 12
12.6 11.6
14 11.8
11.8 12
12.7 11.9
13.5 12.6
12.4 11.4
12.2 12
11.6 12.2
12.9 11.7
Null hypothesis
alternate hypothesis
Stores for distinct
Observat
Country Consumers Observed
ions
(Adult/Kid)
1 USA 1
2 USA 1
3 USA 1
4 USA 2
5 USA 2
6 USA 1
7 USA 1 Expected
8 UK 2
9 UK 2
10 UK 1
11 UK 1
12 UK 2
13 UK 2
14 UK 2
15 UK 1
16 UK 1
17 Canada 1
18 Canada 2
19 Canada 1
20 Canada 2
21 Canada 1
22 Canada 1
H0 independent of country
Ha dependent of country

Count - Stores for distinct Consumers (Adult/Kid) Country


Stores for distinct Consumers (Adult/Kid) Canada UK USA Total Result
1 4 4 5 13
2 2 5 2 9
Total Result 6 9 7 22

Canada UK USA Grand Total


1 3.5454545454546 5.3 4.14 13
2 2.4545454545455 3.7 2.86 9
6 9 7 22

p value 0.5010992847966
alpha 0.1
pvalue>alpha 0.501099284796566 > 0.1
Hence we cannot reject H0. Hence we cannot say that opening a kid store is independent of country
Rep 1 Rep 2 Rep 3 Rep 4
Dist 1 1 3 10 12
Dist 2 17 12 16 14
Dist 3 17 21 22 25
Dist 4 20 10 17 23
Dist 5 22 21 37 32
Technolog
Trained
Food Entertainm y
Event Planners Overall workfor
Services ent applicatio
ce
Eventena Events 94.4 94.6 90.9 97.8 ns 91
Crystal Events 93 96.7 84.2 96.7 99
way4events - Event 92.9 100 100 88.5 90
Lolipop events 91.3 88.6 94.8 97.1 88
Tina events 90.5 95.1 87.9 91.2 91
Carribean nights 90.3 92.5 82.1 98.8 91
Charlie events 90.2 96 86.3 92 99
Il Fornaio 89.9 92.6 92.6 88.9 87
Joe's dreams 89.4 94.7 85.9 90.8 91
Johnny Carino 89.2 90.6 83.3 90.5 99
Lone Star 89.2 90.9 82 88.6 90
LongHorn 89.1 93.1 93.1 89.7 88
Maggiano events 88.7 92.6 78.3 91.3 91
McGrath events 87.2 93.1 91.7 73.6 91
Olive Garden 87.2 91 75 89.7 88
Outback Steakhouse 86.6 94.4 78.1 91.6 91
IMC events 86.2 95.5 77.4 90.9 91
Grace events 86.1 94.9 76.5 91.5 88

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