Question: Use the data below to answer the questions given below; *Calculate mean of sales revenue and advertising expenditure *Calculate Standard deviation of sales revenue and

Use the data below to answer the questions given below;

*Calculate mean of sales revenue and advertising expenditure      

*Calculate Standard deviation of sales revenue and adverting expenditure   

*Calculate correlation coefficient between above two variables and interpret the meaning.

You have been given a sample data set related to sales revenue and advertising expenditure in Dian packaging. 

Sales Revenue ($ 000)Advertising expenditure ($ 000)
357
378
4510
4712
5112
5511
6015
7216
7518
7420

 

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