the data set below contains spending on products through (d) below dring a three

Question

the data set below contains spending on products through (d) below dring a three month period by a sample of 15 antones receiving incertees through a moble loyalty program Complete parts a 5567 2268 6721 4624 5799 108 87 5076 78.42 50 36 6301 5906 4146 5627 5371 3525 c. Are the data skewed? If so, how? A. Yes, the data are right-skewed B. Yes, the data are left-skewed ° C. No, the data are not skewed 0 D. There is not enough information to determine the skewness ofthe distribution d. Based on the results of (a) through (c), what conclusions can be reached concerning spending on products by customers recsiving incentives through a mobile loyality program? The average an ourt spent is S and half the customers spent more than S? The average scatter of the amount a d the mean s S The d erence between the highest amount spent and lowest amount spent is

Explanation / Answer

(c) Yes, the data are right skewed -> Option A.

(d) The average amount spent is $56.46 and half the customers spent more than $55.67. The average scatter of the amount around the mean is $19.63. The difference between the highest amount spent and lowest amount spent is $86.19.

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