THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 217

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The data presented below were collected on the amount of time,in hours;it takes an employee,to process an order at a local plumbing wholesaler.

-Construct cumulative frequency and cumulative percent distributions of the data.

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Definitions:

Real Characteristics

The tangible and genuine attributes or qualities that define an entity, object, or condition without distortion by perceptions or other external factors.

Product Promotion

The act of marketing or advertising a product to increase awareness or sales.

Different Industries

Sectors of the economy that produce different types or categories of goods and services.

Entry Barriers

Obstacles that make it difficult for new competitors to enter a market, which can include high startup costs, regulatory requirements, and strong brand loyalty among existing customers.