¡¡Balls, balls, Balls!! Collection of Data Titleist Taylor Made Bridgestone Nike ` Choice of Product Golf ball Brands.

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Presentation transcript:

¡¡Balls, balls, Balls!!

Collection of Data

Titleist Taylor Made Bridgestone Nike ` Choice of Product Golf ball Brands

Quantitative Data

The Mean is represented by: The total value of units sold by the total number of golf balls The Mode is represented by: The units sold value that occurred the most The Median is represented by: The units sold in order and the two numbers in the middle divided by two Mean, Mode and Median Formulas

Mean, Mode and Median

Golf Balls Sold in Ordinal Form

Nominal Unit Sales

Unit Sales

Range of values

Standard Deviation

Percentile Rank

Standard Deviation With the Empirical Rule =

Experiment : constructing a Dot Plot Directions: 1)One person from each group will be chosen to putt into the putting cup a)We will give each person a golf ball and then the person chosen from the group will putt the ball into the putting cup We will use your information to demonstrate how to create a dot plot on the board.

Sales Correlation

ẋ = sample mean N= Sample Size σ= Population Standard Deviation z/2=z-value with an area Confidence Intervals =

Conclusion Statistics reflected Ϭ16 was the number of probabilities sold ϬThe Titleist is the highest selling brand Ϭ The Nike has the highest profit margin