Standard deviation and median interpretation

Assignment Help Basic Statistics

Reference no: EM1392748

Descriptive statistic results from quarterly sales figures over a 18 year period (73 qtr) are below. Please interpret the standard Deviation and Median in terms of sales results, so I can explain the sales in written form.

Table 1 Net Sales (in thousands)
Mean = $6,343,231
Median = $6,348,797
Standard Deviation = $2,473,444
Range = $7,920,508
Minimum = $2,665,882
Maximum $10,586,390
Count = 73

Reference no: EM1392748

Questions Cloud

Central tendency and measure of varibility : Discuss what is meant by mean, median, mode, variance, and standard deviation for a set of scores. Also mention under what circumstance you would use each of these.

How various forces are acting on her : A shop sign weighing 245-N is supported by a uniform 155-N bean. Find out the tension in the guy wire, and the horizontal and vertical forces exerted by the hinge on the bean.

Calculate the cpi and spi : Calculate the CPI and SPI. Explain the results of the calculation - what do they mean?

At what average speed does the force from the cable do work : The loaded cab of an elevator has a mass of 3.00 multiplied by 103 kg and moves 171 m up the shaft in 23s at constant speed. At what average speed does the force from the cable do work on the cab?

Standard deviation and median interpretation : Descriptive statistic results from quarterly sales figures over a 18 year period (73 qtr) are below. Please interpret the standard Deviation and Median in terms of sales results,

Avoid recruiting among organizational members : Are there any personality types that leaders should avoid recruiting among organizational members? Please provide reference sources for information provided.

Estimate final temperature of the combined metals : A 10.0g sheet of gold with a temperature of 18C is laid flat on a sheet of iron that weighs 20.0g and has a temperature of 55.6C. Given that the specific heats of AU

Find angular acceleration in the second training exercise : In a second training exercise, the centrifuge speeds up from rest with a constant angular acceleration. When the centrifuge reaches an angular speed of 2.50 rad/s.

Tow intersections with traffic signals : The route used by a certain motorist in commuting to work contains tow intersections with traffic signals. The probability that he must stop at the first signal is 0.4, the analogous probability for the second signal is 0.5. and the probability th..

User Account

All Pages