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

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Presentation on theme: "¡¡Balls, balls, Balls!! Collection of Data Titleist Taylor Made Bridgestone Nike ` Choice of Product Golf ball Brands."— Presentation transcript:

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2 ¡¡Balls, balls, Balls!!

3 Collection of Data

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

5 Quantitative Data

6 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

7 Mean, Mode and Median

8 Golf Balls Sold in Ordinal Form

9 Nominal Unit Sales

10 Unit Sales

11 Range of values

12 Standard Deviation

13 Percentile Rank

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15 Standard Deviation With the Empirical Rule 16-602 778.9647 = -0.752 599.744 600.496 601.248 602 602.752 603.504 604.256

16 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.

17 Sales Correlation

18 ẋ = sample mean N= Sample Size σ= Population Standard Deviation z/2=z-value with an area Confidence Intervals 602.1875 16 714.2021393 = 380.5714563

19 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

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