Standard deviation and median interpretation

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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

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