Instruction 2-16
Given Below Is the Stem-And-Leaf Display Representing the Amount

question 116

Essay

Instruction 2-16
Given below is the stem-and-leaf display representing the amount of detergent used in litres (with leaves in 10ths of litres)in a month by 25 drive-through car wash operations in Auckland.
$$\begin{array} { l l } 9 | 147 \\10 | 02238 \\11 | 135566777 \\12 | 223489 \\13 | 02\end{array}$$
-Referring to Instruction 2-16,construct a cumulative percentage distribution for the detergent data if the corresponding frequency distribution uses "9.0 but less than 9.9" as the first class.

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Definitions:

Price Change

A variation in the cost of goods or services over time, which can be an increase or decrease.

Income

The total amount of money earned by an individual or entity from various sources, including work, investments, or benefits, over a specified period.

Utility Function

A mathematical representation in economics that describes how the satisfaction or utility a consumer derives varies with consumption of goods or services.

Compensating Variation

An economic concept referring to the amount of additional income required to keep an individual at the same level of utility after a price change.