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