100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MIP2602 Exam Answers Due 21 October 2024 $4.56   Add to cart

Exam (elaborations)

MIP2602 Exam Answers Due 21 October 2024

 8 views  0 purchase
  • Course
  • Institution

MIP2602 Exam Answers Due 21 October 2024

Preview 2 out of 13  pages

  • October 21, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
MIP2602 EXAM OCTOBER



1.1 Categorical Data

The variable that represents categorical data is the flavor of ice cream (Chocolate,
Peppermint, Strawberry, Vanilla). Categorical data involves grouping data into
categories. Here, the ice cream flavors serve as categories into which the sales data is
grouped.



1.2 Numeric Data

Is the number of ice cream cones sold for each flavor. Numeric data consists of
numbers that represent measurable quantities. In this case, the data shows how many
cones were sold for each flavor, which are numerical values.



1.3 Frequency Table

To organize the data into a frequency table, let's count each cone for each flavor from
the image and calculate the percentages.



Flavor Number Percentage of Total Sales (%)
of Cones
Sold
Chocolate 34 34110×100≈30.91% %

, Peppermint 18 18110×100≈16.36%




Strawberry 30 30110×100≈27.27%




Vanilla 28 28110×100≈25.45%




Final Frequency Table


Flavor Number Percentage of Total Sales (%)
of Cones
Sold
Chocolate 34 30.91%

Peppermint 18 16.36%

Strawberry 30 27.27%

Vanilla 28 25.45%
Total 110 100%




Percentage=(Total cones soldNumber of cones of a flavor)×100

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Thandolowethu. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $4.56. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$4.56
  • (0)
  Add to cart