Question: 1 point Utilize the relative frequency distribution table provided to complete the frequency distribution table for a quarterly sales report. The dataset encompasses 200 sales
1 point Utilize the relative frequency distribution table provided to complete the frequency distribution table for a quarterly sales report. The dataset encompasses 200 sales transactions. Sales Category Relative Frequency Excellent 0.35 Good 0.30 Average 0.20 Below Average 0.10 Poor 0.05 a. Calculate the frequency of sales transactions for each sales category. (5 points) b. What is the total number of 'Good' sales transactions? (3 points) c. Determine the percentage of sales transactions that were 'Below Average' or 'Poor'! (3 points) d. If the total revenue for Excellent' sales transactions was $140,000, what was the average revenue per 'Excellent' transaction? (3 points) e. How many more transactions received an 'Excellent' rating compared to 'Average"? (3 points)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
