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An online retailer is interested in representing some of its annual sales data in histograms (perhaps after transforming data). If the following (for different types of products) can be represented as a histogram, draw the histogram. If not say why not.
Posted on February 13, 2021
An online retailer is interested in representing some of its annual sales data in histograms (perhaps after transforming data). If the following (for different types of products) can be represented as a histogram, draw the histogram. If not say why not.
a) Product group A, 20% of the customers account for 75% of the sales. 20% of the customers account for 10% of the sales. 30% of the customers account for 5% of the sales.
b) Product group B. 45% of the customers spend less than $1000. 15% of the customers spend greater than, equal to 1000 and less than 2000. 10% of the customers spend greater than, equal to 2000 and less than 3000. 30% of the customers spend greater than, equal to 3000.
c) Product group C. 25% of the customers spend >= $10 and <$100. 45% of the customers spend >= $100 and
= $100
. 30% of the customers spend >= $1000 and <10000.
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This entry was posted in Academic Writing, accounting, Business and tagged >= $100, histogram, spend >= $1000 and <10000..