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Patterns in Data Worksheet

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375 views

Patterns in Data Worksheet

Uploaded by

rosy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 9

Business Success

Restaurant owners are continually monitoring financial aspects and customer relations
of their business. They use collected data to recognize trends, predict outcomes, and
plan for the future.

In this task, you will play the role of a restaurant owner. You will collect data and
analyze different aspects of your business.

As you complete the task, keep these questions in mind: Can you predict sales based
on factors such as the weather and the number of customers? Can you estimate the
amount you will earn in tips on a given day based on the number of customers?

Directions:

Complete each of the following tasks, reading the directions carefully as you go. You
may use a piece of graph paper for this task.

Round all decimals to the nearest hundredths place or to the nearest cent for this task.

You will be graded on the work you show, or your solution process, in addition to your
answers. Make sure to show all of your work and to answer each question as you
complete the task. You will be given partial credit based on the work you show and the
completeness and accuracy of your explanations.

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Your teacher will give you further directions on submitting your work. You may be asked
to upload the document, e-mail it to your teacher, or hand in a hard copy.

Now let’s get started!

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Step 1: Constructing and analyzing scatterplots

You keep track of the daily hot chocolate sales and the outside temperature each day.
The data you gathered is shown in the data table below.

Hot Chocolate Sales and Outside Temperatures

Sales ($) $100 $213 $830 $679 $209 $189 $1,110 $456 $422 $235 $199

Temperature
92° 88° 54° 62° 85° 16° 52° 65° 68° 89° 91°
(°F)

a) Make a scatterplot of the data above. (2 points)

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b) Do you notice clusters or outliers in the data? Explain your reasoning. (2 points)

The outlier is at (189,16 F). There is a cluster of three values between the temperatures
80 F to 100 F.

c) How would you describe the correlation in the data? Explain your reasoning. (2
points)
The points on the scatter plot are descending downward.
This indicates that the variables temperature and sales have a negative connection.
As a result, there is a negative relationship.

d) What are the independent and dependent variables? (2 points)

The dependent variable is the sales and independent variable is the temperature

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Step 2: Evaluating trends of data

Because you want to prepare and serve the healthiest food possible, you monitor the fat
and calorie content of items on your menu. Some of the menu items are included in the
graph below.

Fat & Calorie Content


1000
900
800
700
600
Calories

500
400
300
200
100
0
0 2 4 6 8 10 12 14 16
Fat

a) Your business partner describes this as a high positive correlation. Is your partner
correct? Why or why not? (2 points)
Yes, your partner is correct.

b) Using the drawing tools, draw a trend line (line of best fit) on the graph above. (2
points)

The trend line is (0,100), (15,900)

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c) Judge the closeness of your trend line to the data points. Do you notice a
relationship between the data points? (2 points)
The data point and the data point are very near to one other, implying that they have a
relationship. The fat gain is proportional to the calorie intake.

d) Is the trend line linear? If so, write a linear equation that represents the trend line.
Show your work. (3 points)
Because it is represented as a straight line, the trend line is linear.

Step 3: Making predictions using data

You and your business partner track the number of customers served and the amount
of tips collected per day. The data you gathered is displayed in the chart below.

Servers’ Collected Tips

Customers 54 46 34 67 52 22 49 64 55 80 38 42

$12 $11
Tips ($) $92 $80 $76 $109 $43 $87 $99 $174 $88 $91
1 4

a) Create a scatterplot displaying the data in the table. Be sure to include a linear trend

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line. (2 points)

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b) Find the equation of the trend line (line of best fit). Show your work. (2 points)

c) Predict the amount of tips that would be collected if 100 customers were served at
the restaurant on a given day. Explain your reasoning. (2 points)
The answer is $178. I got the answer by dividing the y axis by the x axis in all of the
slots, then you add all them up, divide by number of slots, and then multiply the
answer by 100.

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d) Explain how to use the regression calculator to make a reasonable prediction given
a data table. (2 points) Data should be entered into the regression calculator.

The regression equation must be determined.

Fill in the missing value for x or y in the equation.

To find the value of the other variable, simplify.

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