Calculate the mean for each of the 4 quarters, stating the formula you would use for determining the mean for the first quarter’s forecasted revenue. 1234567891011ABсCountryQ1Canada 15000Singapore 20000Pakistan250001000027000Spain19000Germany 26000NigeriaUAEDAllTech GroupForecasted Global Revenue Dashboard for 2021Q318000220002200011000280002100030000EQ21600023000210009000260002200028000FQ41700021000210008000270002200029000

Answered: Image /qna-images/answer/aff4c252-bf5f-48f0-92fd-0e25ad2a8d0c.jpg

AllTech Group Forecasted Global Revenue Dashboard for 2021 Country Q1 Q3 Canada 15000 18000 Singapore 20000 22000 Pakistan 25000 22000 10000 11000 27000 Spain 19000 Germany 26000 Nigeria UAE Q2 16000 23000 21000 9000 26000 22000 28000 28000 21000 30000 Q4 17000 21000 21000 8000 27000 22000 29000

AllTech Group Forecasted Global Revenue Dashboard for 2021 Country Q1 Q3 Canada 15000 18000 Singapore 20000 22000 Pakistan 25000 22000 10000 11000 27000 Spain 19000 Germany 26000 Nigeria UAE Q2 16000 23000 21000 9000 26000 22000 28000 28000 21000 30000 Q4 17000 21000 21000 8000 27000 22000 29000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Calculate the mean for each of the 4 quarters, stating the formula you would use for determining the mean for the first quarter’s forecasted revenue.

123
4
5
6
7
8
9
10
11
A
B
с
Country
Q1
Canada 15000
Singapore 20000
Pakistan
25000
10000
27000
Spain
19000
Germany 26000
Nigeria
UAE
D
AllTech Group
Forecasted Global Revenue Dashboard for 2021
Q3
18000
22000
22000
11000
28000
21000
30000
E
Q2
16000
23000
21000
9000
26000
22000
28000
F
Q4
17000
21000
21000
8000
27000
22000
29000

Leveraging special tenchniques in analyzing historical data to predict future trends. Forecasting covers the methods and types of forecasting and their application to case studies.

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