You Have Created a Histogram Showing the Distribution of the Amount

question 39

Essay

You have created a histogram showing the distribution of the amount of money spent weekly on video game purchases of 120 males ages 19- 25 over the last 6 months. The histogram shows that the typical amount spent by males in this age category is $35. The histogram also shows that one male reported that he spent $250 dollars on video game purchases during one of the weeks. Explain how you would use the histogram to determine whether $250 is an outlier.

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Definitions:

Cultural Differences

Cultural differences refer to the diverse beliefs, behaviors, languages, practices, and expressions considered unique to members of a specific ethnicity, society, or nation.

Managers

Individuals responsible for planning, directing, and overseeing the operations and employees within an organization or part of an organization.

Contributions

The act of giving or adding to something larger, such as ideas, money, or effort, for a common purpose.

Strategic Business Decision

A choice made by a company's leadership that is intended to guide the organization towards its long-term goals and success.