Describe Briefly What the Histogram and the Stem-And-Leaf Displays Tell

question 64

Essay

Describe briefly what the histogram and the stem-and-leaf displays tell you about the test grades for a university business statistics class. $$\begin{array} { | r | r | r | r | r | r | r | r | r | r | } \hline 63 & 74 & 42 & 65 & 51 & 54 & 36 & 56 & 68 & 57 \\\hline 62 & 64 & 76 & 67 & 79 & 61 & 81 & 77 & 59 & 38 \\\hline 84 & 68 & 71 & 94 & 71 & 86 & 69 & 75 & 91 & 55 \\\hline 48 & 82 & 83 & 54 & 79 & 62 & 68 & 58 & 41 & 47 \\\hline\end{array}$$

---

Definitions:

Safety Capacity

The extra capacity created within a system to accommodate unexpected demand or to compensate for potential system failures.

Aggregate Decisions

Aggregate Decisions are strategic choices made at the corporate or strategic business unit level, focusing on overall capacity, investment, and long-term resource allocation.

SKU-Level Decisions

involves making strategic choices about product stocking, pricing, promotions, and inventory management at the specific stock keeping unit (SKU) level.

Forecasts

Predictions or estimates about future events, trends, or behaviors, often based on data analysis or modeling.