Download the SkyDio Drone Sales Journal dataset in Excel. Note the sales price and cost of each sale. In Excel, calculate the gross margin percentage

(Sales Price–Cost)/Sales Price for each sale (or row in the sales journal). Use either the descriptive statistics tool featured in Excel’s Data Analysis ToolPak or Excel functions to compute the summary statistics and answer the following questions.

Required:

a. Create a histogram of the gross margin percentages. Submit this screenshot to your instructor if assigned.

b. How many transactions were for 47 percent or higher?

c. How many transactions were for 40 percent or lower?