Specify the Question: Which products $($SKUs$)$ are the most profitable to sell?

Obtain the Data: Fancy Fruits is a fictitious mail$-$order business that sells exotic fruit from around the world to throughout the United States. The company keeps a price list for each product. We will work from this price lis items that are most profitable per dollar of sales.

Analyze the Data: Refer to lab $1\mathrm{.}3$ in your text for additional instructions and steps.

Answer the following questions based on the details computed.

Question

Answer

What is the size of each bin?

Is this dataset negatively $($left$)$ or positively $($right$)$ skewed?

Which gross margin percentage bin does the FRT$-$COU SKU fit in$?$

How many products $($SKUs$)$ have gross margin percentages in the $0\mathrm{.}325-0\mathrm{.}35$ range?

How many products $($SKUs$)$ have gross margin percentages in the $0\mathrm{.}35-0\mathrm{.}375$ range?