The Table Below Shows the Daily Frequency of Female Customers

question 61

Essay

The table below shows the daily frequency of female customers at a particular ice cream shop during discount sale periods. The data is collected for 5 days. Calculate the mean for the data. $$\begin{array} { | l | l | } \hline \text { Female } & \\\text { Customer } & \\ \text { Frequency } & \\\hline \text { Days (x) } & \text { Frequency (f) } \\\hline 1 & 0 \\\hline 2 & 5 \\\hline 3 & 8 \\\hline 4 & 11 \\\hline 5 & 18 \\\hline\end{array}$$

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Definitions:

Russell 2000

An index measuring the performance of approximately 2000 small-cap companies in the United States.

Large-cap Indexes

Large-cap Indexes track the performance of stocks from companies with large market capitalization, reflecting the overall health and trends of major corporations.

Nasdaq Composite

An index of all the stocks and similar investments listed on the Nasdaq stock market, often used as a benchmark for technology and biotech securities.

Modified Duration

A measure of the sensitivity of the price of a bond or a bond portfolio to a change in interest rates, adjusted for the possibility that the bond may be called before maturity.