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Buy here: http://homework.plus/busn-625-applied-decision-making -ps1/ 1. $28.37, $21.40 are the stock prices of a particular month of Microsoft and Intel Corporations. 2. In a marketing study, 100 consumers were asked to select the best digital music player from the iPod, the iRiver, and the Magic Star MP3. To summarize the consumer responses with a frequency table, how many classes would the frequency table have? 3. Ecommerce.com, a large Internet retailer, is studying the lead time (elapsed time between when an order is placed and when it is filled) for a sample of recent orders. The lead times are reported in days. Lead Time (days) Frequency 0 up to 5 6 5 up to 10 7 10 up to 15 12 15 up to 20 8 20 up to 25 7 Total 40

BUSN 625 Applied Decision Making PS1

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Page 1: BUSN 625 Applied Decision Making PS1

Buy here: http://homework.plus/busn-625-applied-decision-making-ps1/ 1. $28.37, $21.40 are the stock prices of a particular month of Microsoft and Intel Corporations.

2. In a marketing study, 100 consumers were asked to select the best digital music player from

the iPod, the iRiver, and the Magic Star MP3. To summarize the consumer responses with a

frequency table, how many classes would the frequency table have?

3. Ecommerce.com, a large Internet retailer, is studying the lead time (elapsed time between

when an order is placed and when it is filled) for a sample of recent orders. The lead times are

reported in days.

Lead Time (days) Frequency

0 up to 5 6

5 up to 10 7

10 up to 15 12

15 up to 20 8

20 up to 25 7

Total 40

Page 2: BUSN 625 Applied Decision Making PS1

How many orders were studied?

4.

Ecommerce.com, a large Internet retailer, is studying the lead time (elapsed time between when

an order is placed and when it is filled) for a sample of recent orders. The lead times are reported

in days.

Lead Time (days) Frequency

0 up to 5 6

5 up to 10 7

10 up to 15 12

15 up to 20 8

20 up to 25 7

Total 40

What is the midpoint of the first class?

5.

Page 3: BUSN 625 Applied Decision Making PS1

The weights (in pounds) of a sample of five boxes being sent by UPS are: 12, 6, 7, 3, and 10.

Compute the range.