Compare and Contrast Methods of Summarizing and Describing Data
Use

question 35

Multiple Choice

Compare and contrast methods of summarizing and describing data
Use the spreadsheet below to answer the following question(s) .
Below is the table showing rate of shoes sold per day and the highest-priced shoe sold that day for a one-week period. The rate of shoes sold per day (X) and the price of the shoes (Y) . $$\begin{array}{l}\begin{array} { | l | l | } \hline\text { Shoes sold }\\ \text { in \% (X) } & \text { Price (Y) } \\\hline 15 & \$ 48 \\\hline 27 & \$ 55 \\\hline 10 & \$ 40 \\\hline 13 & \$ 88 \\\hline 25 & \$ 53 \\\hline 9 & \$ 47 \\\hline 18 & \$ 40 \\\hline & \\\hline\end{array}\end{array}$$
-Use Excel to calculate the coefficient of variation of X.

• A) 0.42
• B) 0.31
• C) 7.04
• D) 16.47

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Definitions:

Wealthy Nations

Countries with a high level of economic prosperity and standard of living, often measured by GDP per capita.

Self-transcendence

A psychological state or process in which individuals extend beyond their personal concerns and connect with something greater and beyond their individual selves.

Self-actualization

The manifestation or attainment of personal abilities and potential, considered to be a critical desire or essential in all individuals.

Belongingness Needs

A psychological need referring to the human emotional requirement for interpersonal relationships, feeling part of a group or community.