Missy Walters owns a mail-order business specializing in clothing, linens, and furniture for children. She is considering offering her customers a discount on shipping charges for furniture based on the dollar-amount of the furniture order. Before Missy decides the discount policy, she needs a better understanding of the dollar-amount distribution of the furniture orders she receives.Missy had an assistant randomly select 50 recent orders that included furniture. The assistant recorded the value, to the nearest dollar, of the furniture portion of each order. The data collected is listed below.
a. Prepare a frequency distribution, relative frequency distribution, and percent frequency distribution for the data set using a class width of $50.
b. Construct a histogram showing the percent frequency distribution of the furniture-order values in the sample.
c. Develop a cumulative frequency distribution and a cumulative percent frequency distribution for this data.
Correct Answer:
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