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    Descriptive statistics for business students

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    I need the simplest step by step directions for the following word problem.
    Management of a grocery store recorded the number of coupons redeemed by customers during a recent double coupon sale. The data is presented below.

    # of coupons f
    0-4 15
    5-9 9
    10-14 6
    15-19 8
    20-24 4

    Find the Mean
    Mode
    Median
    82nd percentile
    Variance
    Standard Deviation

    © BrainMass Inc. brainmass.com June 4, 2020, 1:17 am ad1c9bdddf
    https://brainmass.com/statistics/quantative-analysis-of-data/descriptive-statistics-business-students-390665

    Solution Preview

    Number of coupons Frequency Cumulative freq Mid-point Total Relative Relative cumulative
    frequency frequency

    0-4 15 15 2 30 0.357 0.357

    5-9 9 24 7 63 0.214 0.571

    10-14 6 30 12 72 0.143 0.714

    15-19 8 38 17 136 0.190 0.904

    20-34 ...

    Solution Summary

    Step by step calculations for descriptive statistics of a data set. Data is represented by a frequency table. Mean, mode, median, 82nd percentile, variance and standard deviation calculations are included.

    $2.19

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