High performance bicycle products company in chapel hill, Econometrics

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High performance bicycle products company in chapel hill

High performance Bicycle products company in Chapel Hill, North Carolina, sampled its shipping records for a certain day with these results: Time form Recepit of order to delivery ( in days) ---------------------------------------------------------------- 4 12 8 14 11 6 7 13 13 11 11 20 5 19 10 15 24 7 29 6 Construct a frequency distribution for these data

a. What statement can you make about the effectiveness of order processing from the frequency distribution?

b. If a company wants to ensure that half of its deliveries are made in 10 days of fewer days, can you determine from the frequency distribution whether they have reached this goal?

c. What does having a relative frequency distribution permit you to do with the data that is difficult to do with only a frequency distribution?

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Econometrics: High performance bicycle products company in chapel hill

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Econometrics: High performance bicycle products company in chapel hill

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