Varatta Enterprises sells industrial plumbing valves. The following table lists the annual sales amounts for the different

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Varatta Enterprises sells industrial plumbing valves. The following table lists the annual sales amounts for the different salespeople in the organization for the most recent fiscal year.?

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a. Compute the mean, variance, and standard deviation for these annual sales values.?

b. In the previous fiscal year, the average annual sales amount was $300,000 with a standard deviation of $95,000. Discuss any differences you observe between the annual sales amount in the most recent and previous fiscal years.

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Related Book For  answer-question

Statistics For Business & Economics

ISBN: 9781337901062

14th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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