Question: Draw a histogram or trend lines (excel) for the data below. Include a summary based on descriptive statistics, whether there appears to bevariation present in
Draw a histogram or trend lines (excel) for the data below. Include a summary based on descriptive statistics, whether there appears to bevariation present in the monthly number of barrels sold and monthly gross sales.
2005 Data:
Jan.=196.5 barrels sold; gross sales =40,458
Feb.193.2 barrels sold; gross sales = 35,615
March.229.7 barrels sold; gross sales =43,306
2006 Data:
Jan.=243.2 barrels sold; gross sales =53,093
Feb.239.9 barrels sold; gross sales = 48,819
March.241.3 barrels sold; gross sales =49,782
2007 Data:
Jan.=290.8 barrels sold; gross sales =62,898
Feb.254.8 barrels sold; gross sales = 53,912
March.267.5 barrels sold; gross sales =56,477
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