A data set on money spent on lottery tickets during the past year by 200 households has a lowest… 1 answer below »

A data set on money spent on lottery tickets during the past year by 200 households has a lowest value of $1 and a highest value of $1167. Suppose we want to group these data into six classes of equal widths. a. Assuming that we take the lower limit of the first class as $1 and the width of each class equal to $200, write the class limits for all six classes. b. What are the class boundaries and class midpoints? 2.17 A data set on monthly expenditures (rounded to the nearest dollar) incurred on fast food by a sample of 500 households has a minimum value of $3 and a maximum value of $147. Suppose we want to group these data into six classes of equal widths. a. Assuming that we take the lower limit of the first class as $1 and the upper limit of the sixth class as $150, write the class limits for all six classes. b. Determine the class boundaries and class widths. c. Find the class midpoints

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