Student’s Solutions Manual and Study Guide: Chapter 2 Page 1 Chapter 2 Charts and Graphs LEARNING OBJECTIVES The overall objective of chapter 2 is for you to master several techniques for summarizing and depicting data, thereby enabling you to: 1. Explain the difference between grouped and un- grouped data and construct a frequency distribution from a set of data and explain what the distribution represents. 2. Describe and construct different types of quantitative data graphs, including histograms, frequency polygons, ogives, and stem and leaf plots. Explain when these graphs should be used. 3. Describe and construct different types of qualitative data graphs, including pie charts, bar charts, and Pareto charts. Explain when these graphs should be used. 4. Display and analyze two variables simultaneously using cross tabulation and scatter plots. CHAPTER OUTLINE 2.1 Frequency Distributions Class Midpoint Relative Frequency Cumulative Frequency 2.2 Quantitative Data Graphs Histograms Frequency Polygons Ogives Stem and Leaf Plots 2.3 Qualitative Data Graphs Pie Charts Bar Charts Pareto Charts 2.4 Charts and Graphs for Two Variables Cross Tabulation Scatter Plot Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 2 KEY TERMS Bar Chart or Graph Class Midpoint or Mark Cross Tabulation Cumulative Frequency Frequency Distribution Frequency Polygon Grouped Data Histogram Ogive Pareto Chart Pie Chart Range Relative Frequency Scatter Plot Stem and Leaf Plot Ungrouped Data STUDY QUESTIONS 1. The following data represents the number of printer ribbons used annually in a company by twenty-eight departments. This is an example of ______________ data. 8 4 5 10 6 5 4 6 3 4 4 6 1 12 2 11 2 5 3 2 6 7 6 12 7 1 8 9 2. Below is a frequency distribution of ages of managers with a large retail firm. This is an example of _______________ data. Age 20-29 30-39 40-49 50-59 over 60 f 11 32 57 43 18 3. For best results, a frequency distribution should have between _____ and _____ classes. 4. The difference between the largest and smallest numbers is called the _______________. 5. Consider the values below. In constructing a frequency distribution, the beginning point of the lowest class should be at least as small as _____ and the endpoint of the highest class should be at least as large as _____. 27 21 8 10 9 16 11 12 21 11 29 19 17 22 28 28 29 19 18 26 17 34 19 16 20 Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 3 6. The class midpoint can be determined by _______________. 7-9 Examine the frequency distribution below: class 5-under 10 10-under 15 15-under 20 20-under 25 25-under 30 30-under 35 frequency 56 43 21 11 12 8 7. The relative frequency for the class 15-under 20 is _______________. 8. The cumulative frequency for the class 20-under 25 is _______________. 9. The midpoint for the class 25-under 30 is ___________. 10. The graphical depiction that is a type of vertical bar chart and is used to depict a frequency distribution is a _______________. 11. The graphical depiction that utilizes cumulative frequencies is a _______________. 12. The graph shown below is an example of a _______________. 13. Consider the categories below and their relative amounts: Category A B Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Amount 112 319 Student’s Solutions Manual and Study Guide: Chapter 2 C D E Page 4 57 148 202 If you were to construct a Pie Chart to depict these categories, then you would allot _______________ degrees to category D. 14. A graph that is especially useful for observing the overall shape of the distribution of data points along with identifying data values or intervals for which there are groupings and gaps in the data is called a ______________________. 15. Given the values below, construct a stem and leaf plot using two digits for the stem. 346 340 322 339 342 332 338 357 328 329 346 341 321 332 16. A vertical bar chart that displays the most common types of defects that occur with a product, ranked in order from left to right, is called a __________________. 17. A two-dimensional plot of pairs of points often used to examine the relationship of two numerical variables is called a _________________. Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 5 ANSWERS TO STUDY QUESTIONS 1. Raw or Ungrouped 10. Histogram 2. Grouped 11. Ogive 3. 5, 15 12. Frequency Polygon 4. Range 13. 148/838 of 360o = 63.6o 5. 8, 34 14. Dot Plot 6. Averaging the two class endpoints 15. 32 33 34 35 7. 21/151 = .1391 1 2 8 9 2 2 8 9 0 1 2 6 6 7 8. 131 16. Pareto Chart 9. 27.5 17. Scatter Plot Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 6 SOLUTIONS TO THE ODD-NUMBERED PROBLEMS IN CHAPTER 2 2.1 a) One possible 5 class frequency distribution: Class Interval Frequency –15 - under –6 7 –6 - under 3 12 3 - under 12 13 12 - under 21 9 21 - under 30 9 Totals 50 b) One possible 10 class frequency distribution: Class Interval –15 - under –10 –10 - under –5 –5 - under 0 0 - under 5 5 - under 10 10 - under 15 15 - under 20 20 - under 25 25 - under 30 30 - under 35 Totals Frequency 2 5 7 10 7 3 7 4 5 0 50 c) The ten class frequency distribution gives a more detailed breakdown of temperatures. It allows locating more accurately the temperatures with the greatest frequency. The temperatures with the highest frequency, 10, are in the 0 – under 5 class. The five class distribution collapses the intervals into broader classes making it appear that there are nearly equal frequencies in each class. Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 7 2.3 Class Interval Frequency 0-5 6 5 - 10 8 10 - 15 17 15 - 20 23 20 - 25 18 25 - 30 10 30 - 35 4 TOTAL 86 Class Midpoint 2.5 7.5 12.5 17.5 22.5 27.5 32.5 Relative Frequency 6/86 = .0698 .0930 .1977 .2674 .2093 .1163 .0465 1.0000 Cumulative Frequency 6 14 31 54 72 82 86 The relative frequency tells us that it is most probable that a customer is in the 15 - 20 category (.2674). Over two thirds (.6744) of the customers are between 10 and 25 years of age. 2.5 Some examples of cumulative frequencies in business: sales for the fiscal year, costs for the fiscal year, spending for the fiscal year, inventory build-up, accumulation of workers during a hiring buildup, production output over a time period. 2.7 Histogram: Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 8 Frequency Polygon: Comment: The histogram indicates that the number of calls per shift varies widely. However, the heavy numbers of calls per shift fall in the 50 to 80 range. Since these numbers occur quite frequently, staffing planning should be done with these number of calls in mind realizing from the rest of the graph that there may be shifts with as few as 10 to 20 calls. 2.9 STEM 21 22 23 24 25 26 27 LEAF 2 0 0 0 0 0 0 8 1 0 0 3 1 1 8 2 4 3 4 1 3 9 4 5 6 5 2 6 8 9 5 3 6 8 9 7 3 7 9 9 7 5 9 9 9 9 9 8 9 6 The stem and leaf plot indicates that sales prices vary quite a bit within the range of $212,000 and $273,000. It is evident from the stem and leaf plot that there is a strong grouping of prices in the five price ranges from the $220’s through the $260’s. 2.11 The histogram shows that there is only one airport with more than 70 million passengers and from the given problem information, we know that that airport is Atlanta’s Hartsfield-Jackson International Airport which has more than 90 million passengers. There are no airports with 70 to 90 million passengers. Nearly one-half (14) of the top 30 airports have between 30 and 40 million passengers. The next Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 9 largest grouping is between 50 and 60 million passengers in which there are six airports. 2.13 Airlines Delta United Southwest American China Southern Ryanair Lufthansa Totals Number of passengers (in millions) 164.6 140.4 134.0 107.9 86.5 79.6 74.7 787.7 Proportion 164.6/787.7= 0.209 0.178 0.170 0.137 0.110 0.101 0.095 1.000 Pie chart: Lufthansa, 74.7, 9% Delta , 164.6, 21% Ryanair, 79.6, 10% China Southern, 86.5, 11% United , 140.4, 18% American, 107.9, 14% Southwest , 134.0, 17% Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Degrees 75 64 61 49 40 36 34 360 Student’s Solutions Manual and Study Guide: Chapter 2 Page 10 Bar chart: 180.0 164.6 160.0 140.4 Number of passengers (in millions) 140.0 134.0 120.0 107.9 100.0 86.5 79.6 80.0 74.7 60.0 40.0 20.0 0.0 Delta United Southwest American China Southern Ryanair Lufthansa Airlines 2.15 Underwriting Firm BMO Capital Markets RBC Capital Markets TD Securities Scotia Capital National Bank Financial Totals Bar chart: Gross Proceeds Proportion ($ millions) 1,668/3,646=0.457 1,668 0.187 682 0.137 500 0.118 431 365 3,646 Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Degrees 165 67 49 43 0.100 36 1.000 360 Student’s Solutions Manual and Study Guide: Chapter 2 Page 11 Pie chart: The proportion, sizes and color of the pie slices clearly shows that BMO Capital Markets has the highest revenue ($1,668 million, 45.7%) and National Bank Financial has the lowest revenue ($365 million, 10.0%). 2.17 Complaint Busy Signal Too long a Wait Could not get through Got Disconnected Transferred to the Wrong Person Poor Connection Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Number % of Total 420 184 85 37 10 8 56.45 24.73 11.42 4.97 1.34 1.08 Student’s Solutions Manual and Study Guide: Chapter 2 Page 12 Total 744 99.99 800 700 600 500 400 300 200 100 0 100 80 60 40 20 C1 sy Bu l na is g o To Co Count Percent Cum % d ul 420 56.5 56.5 ng lo a e tg o n w t ai hr tt gh ou to an t en g a t Go T 184 24.7 81.2 2.19 Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition e nn o sc di rr fe s n ra 85 11.4 92.6 ed ed ct to e th w 37 5.0 97.6 ng ro n so r pe n tio c ne on c or Po 10 1.3 98.9 8 1.1 100.0 0 Percent Count Customer Complaints Student’s Solutions Manual and Study Guide: Chapter 2 Page 13 Generally speaking, the tendency is that sales are higher when more money is spent on advertising. 2.21 Number of Annual Non-vacation -Day Absences 0-2 3-5 More than 5 Total One-Way Commute Distance (in km) 0-3 4 - 10 More than 10 95 184 117 21 40 53 3 7 12 119 231 182 Total 396 114 22 532 There is a slight tendency for there to be a few more absences as plant workers commute further distances. Say, 6.6% of those who commute more than 10 km had more than 5 nonvacation absent days, as compared to 2.5% and 3% for those who commute 0-3 km and 410 km respectively. Comparing workers who travel 4-10 km to those who travel 0-3 km, there is about a 2:1 ratio in all three cells (0-2, 3-5, more than 5 non-vacation day absences) indicating that for these two categories (0-3 and 4-10), number of absences is essentially independent of commute distance. 2.23 2.25 Class Interval Frequencies 16 - under 23 23 - under 30 30 - under 37 37 - under 44 44 - under 51 51 - under 58 TOTAL 6 9 4 4 4 3 30 Class Interval Frequencies 50 - under 60 60 - under 70 70 - under 80 80 - under 90 90 - under 100 TOTAL 13 27 43 31 9 123 Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Histogram: Frequency Polygon: Ogive: Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Page 14 Student’s Solutions Manual and Study Guide: Chapter 2 2.27 Label A B C D TOTAL Value 55 121 83 46 305 Page 15 Proportion .180 .397 .272 .151 1.000 Pie Chart: Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Degrees 65 143 98 54 360 Student’s Solutions Manual and Study Guide: Chapter 2 2.29 Problem 1 2 3 4 5 6 7 8 9 10 Page 16 Frequency 673 29 108 379 73 564 12 402 54 202 2496 Pareto Chart: Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Percent of Total 26.96 1.16 4.33 15.18 2.92 22.60 0.48 16.11 2.16 8.09 Student’s Solutions Manual and Study Guide: Chapter 2 Page 17 2.31 Yellowknife Steel Company Class Interval 32 - under 37 37 - under 42 42 - under 47 47 - under 52 52 - under 57 57 - under 62 62 - under 67 67 - under 72 TOTAL Frequency 1 4 12 11 14 5 2 1 50 The highest frequencies are between 42 and 57. 2.33 Frequency Distribution: Class Interval 10 - under 20 20 - under 30 30 - under 40 40 - under 50 50 - under 60 60 - under 70 70 - under 80 80 - under 90 Frequency 2 3 9 7 12 9 6 2 50 Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 18 Histogram: Frequency Polygon: The normal distribution appears to peak near the center and diminish towards the end intervals. Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 19 2.35 Asking Price $ 80,000 - under $ 100,000 $ 100,000 - under $ 120,000 $ 120,000 - under $ 140,000 $ 140,000 - under $ 160,000 $ 160,000 - under $ 180,000 $ 180,000 - under $ 200,000 Frequency 21 27 18 11 6 3 86 Cumulative Frequency 21 48 66 77 83 86 Histogram: Frequency Polygon: 30 25 20 y c n e 15 u q e r F 10 5 0 90,000 110,000 130,000 Class Midpoints Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition 150,000 170,000 190,000 Student’s Solutions Manual and Study Guide: Chapter 2 Page 20 Ogive: 100 90 80 70 Frequencies 60 50 40 30 20 10 0 80,000 100,000 120,000 140,000 160,000 180,000 Class Endpoints 2.37 Price Frequency $1.75 - under $1.90 $1.90 - under $2.05 $2.05 - under $2.20 $2.20 - under $2.35 $2.35 - under $2.50 $2.50 - under $2.65 $2.65 - under $2.80 9 14 17 16 18 8 5 87 Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Cumulative Frequency 9 23 40 56 74 82 87 200,000 Student’s Solutions Manual and Study Guide: Chapter 2 Histogram: Frequency Polygon: Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Page 21 Student’s Solutions Manual and Study Guide: Chapter 2 Page 22 Ogive: 2.39 90 Canadian Travellers to the U.S. 80 70 60 50 40 30 20 10 0 0.000 0.100 0.200 0.300 0.400 0.500 0.600 Exchange Rate Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition 0.700 0.800 0.900 1.000 Student’s Solutions Manual and Study Guide: Chapter 2 Page 23 50 Travellers to Canada from U.S. 45 40 35 30 25 20 15 10 5 0 0.000 0.100 0.200 0.300 0.400 0.500 0.600 0.700 0.800 0.900 1.000 Exchange Rate The higher is the exchange rate more Canadian travellers go to the U.S. and less the U.S. travellers do to Canada. 2.41 The Pareto chart indicates that faulty plastic causes 44.2% of the defects and becomes the major problem. According to the chart, 23.4% of the plastic bottles were rejected because of incorrect thickness which can be identified as the second severe problem. The steepest slopes correspond to “fault in plastic”, “thickness”, and “broken handle” categories. They represent 84.8% causes of poor-quality bottles. Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 24 500 100 400 80 300 60 200 40 100 20 0 C1 Count Percent Cum % Fault in plastic 221 44.2 44.2 Thickness Broken handle 117 86 23.4 17.2 67.6 84.8 Labeling 44 8.8 93.6 Discoloration 32 6.4 100.0 0 2.43 STEM 92 93 94 95 96 97 98 99 100 2.45 LEAF 00, 68 01, 37, 44, 75 05, 37, 48, 60, 68 24, 55 02, 56, 70, 77 42, 60, 64 14, 30 22, 61, 75, 76, 90, 96 02, 10 Family practice is most prevalent with about 20% with pediatrics next at slightly less. A virtual tie exists between ob/gyn, general surgery, anesthesiology, and psychiatry at about 14% each. Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Percent Count Causes of Poor Quality Bottles Student’s Solutions Manual and Study Guide: Chapter 2 2.47 Page 25 There were relatively constant sales from January through October (about $6 million on average). In November and December sales dramatically increased with December having the sharpest increase ($30 million in sales). Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition Student’s Solutions Manual and Study Guide: Chapter 2 Page 26 Legal Notice Copyright Copyright © 2014 by John Wiley & Sons Canada, Ltd. or related companies. All rights reserved. The data contained in these files are protected by copyright. This manual is furnished under licence and may be used only in accordance with the terms of such licence. The material provided herein may not be downloaded, reproduced, stored in a retrieval system, modified, made available on a network, used to create derivative works, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise without the prior written permission of John Wiley & Sons Canada, Ltd. (MMXIII xii FI) Black, Chakrapani, Castillo: Business Statistics, Second Canadian Edition