1. Guide to Using Minitab 14 For Basic Statistical Applications To Accompany Business Statistics: A Decision Making Approach, 8th Ed. Chapter 3: Describing Data Using Numerical Measures By Groebner, Shannon, Fry, & Smith Prentice-Hall Publishing Company Copyright, 2011

2. Chapter 3 Minitab Examples Population Mean Population Mean Population Mean Population Mean Foster City Hotel Mean, Median, and Mode Mean, Median, and Mode Mean, Median, and Mode Mean, Median, and Mode Colleges and Universities More Examples

3. Chapter 3 Minitab Examples (continued)  Measures  Measures of Variation Measures of Variation Colleges and Universities  Empirical Rule Empirical Rule Empirical Rule Burger N’ Brew

4. Population Mean Foster City Hotel Issue: Determine the mean nightly revenue for the Foster City Hotel. Objective: Use Minitab to calculate the population mean revenue Data File is FosterCity.MTW

5. Open the Minitab file called FosterCity.MTW Population Mean – Foster City Hotel

6. Select Stat – Basic Statistics- Display Descriptive Statistics Population Mean – Foster City Hotel

7. Select the desired variables Click on Statistics

8. Select Desired Statistics – Click OK Population Mean – Foster City Hotel

9. Population Means Population Mean – Foster City Hotel

10. Mean, Median and Mode Colleges and Universities Issue: Can we produce a diagram which will enable us to review the various out of state tuition costs?? Objective: Use Minitab to develop a histogram for the out-of-state tuition costs to give a perspective of the placement of the mean, median, mode. The file is Colleges and Universities.MTW

11. Mean, Median, and Mode – Colleges and Universities Open the file Colleges and Universities.MTW

12. Mean, Median, and Mode – Colleges and Universities Select Graph, Histogram, Simple, OK

13. Mean, Median, and Mode – Colleges and Universities Select Stock Price, OK

14. Mean, Median, and Mode – Colleges and Universities

15. Measures of Variation Colleges and Universities Issue: Determine the Standard Deviation, Minimum, and Maximum for selected colleges and universities’ out-of-state tuition. Objective: Use Minitab to calculate the standard deviation, minimum, and maximum for selected colleges and universities’ out-of-state tuition. Data file is Colleges and Universities.MTW

16. Standard Deviation and Range – Colleges and Universities Open file Colleges and Universities.MTW

17. Standard Deviation and Range - Colleges and Universities Select Stat, Basic Statistics, Display Descriptive Statistics

18. Standard Deviation and Range – Colleges and Universities Select Mean, Standard Deviation, Minimum, Maximum, Range and OK

19. Standard Deviation and Range – Colleges and Universities The Session Window presents the statistics that were requested

20. Empirical Rule Burger N’ Brew Issue: Analyze the Phoenix Burger Sales Distribution Objective: Use Minitab to compute graphs and numerical measures necessary for using the empirical rule to analyze sales at Burger N’ Brew Data file is BurgerNBrew.MTW

21. Open the data file called BurgerNBrew.MTW Data File contains sales for 365 days. Empirical Rule – Burger N’ Brew

22. Select Graph- Histogram -Simple – Click OK Empirical Rule – Burger N’ Brew

23. Identify variable for analysis – Click OK Empirical Rule – Burger N’ Brew

24. Finished Histogram – Bell Shaped Distribution Empirical Rule – Burger N’ Brew

25. To compute numerical measures – Click Stat – Basic Statistics – Display Descriptive Statistics –Enter Desired Variable – Click Statistics Empirical Rule – Burger N’ Brew

26. Select Mean and Standard Deviation – Click OK

27. Mean and Standard Deviation Empirical Rule: 68% within 15.12 + (1)3.14 95% within 15.12 + (2)3.14 99.7% within 15.12 + (3)3.1 Empirical Rule – Burger N’ Brew