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Shopping spree The figure is a cumulative relative frequency graph of the amount spent by 50 consecutive grocery shoppers at a store.

a. Estimate the interquartile range (IQR) of this distribution. Show your method.

b. What is the percentile for the shopper who spent \(19.50?

c. Explain why the graph is steepest between \)10 and $30

Short Answer

Expert verified

Part (a) The value is 28

Part (b) The percentile is 25

Part (c) It could be said that most shoppers are spending the amount between $10and $30

Step by step solution

01

Part (a) Step 1: Given information

The plot is:

02

Part (a) Step 2: Concept

The percentile of an individual is the percentage of the distribution that is less than the data value of the individual.

03

Part (a) Step 3: Calculation

The third quartile and first quartile, according to the plot, are$47 and $19 respectively.

Thus, the interquartile range is:

IQR=Q3−Q1=47−19=28

Thus, the required value is 28

04

Part (b) Step 1: Explanation

The shopper spent $19.50according to the information given. Construct a vertical line that cuts the x-axis at 19.50to obtain the percentile. Create a horizontal line to connect the vertical and horizontal lines. Both lines overlap at the 25th percentile, as can be seen.

Thus, the required percentile is 25

05

Part (c) Step 1: Explanation

Because of the minor rise in frequency for these values, the cumulative relative frequency for these values is growing between 10% and 30% As a result, it's reasonable to conclude that the majority of shoppers spend between $10 and $30

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