Varatta Enterprises sells industrial plumbing valves. The following table lists the annual sales URL Salesperson Sales Amount ($1000) Salesperson Sales Amount ($1000) Joseph Jennifer Stanley mean Luke Lexie 146 variance standard deviation 231 329 294 193 Wel Samantha 369 Erin Dominic Charle Amol 409 Lenisa 297 Margaret (a) Compute the mean (in $), variance, and standard deviation (in $) for these annual sales values. (Round your answers to the nearest whole number.) $315x315,071 320 189 210 412

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.3: Conditional Probability; Independent Events; Bayes' Theorem
Problem 81E
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Varatta Enterprises sells industrial plumbing valves. The following table lists the annual sales amounts for every salesperson in the organization for the most recent fiscal year.
Salesperson Sales Amount ($1000)
Salesperson Sales Amount ($1000)
Joseph
466
Jennifer
409
Stanley
meani
Luke
Lexie
Margaret
variance
standard deviation
146
$
231
546
329
294
193
369
Wei
Samantha
Erin
Dominic
Charlie
Amol
Lenisa
297
320
189
(a) Compute the mean (in 5), variance, and standard deviation (in $) for these annual sales values. (Round your answers to the nearest whole number.)
$ 315 X
315,071
210
412
(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
most recent and previous fiscal years.
The mean sales amount has select from the previous to most recent fiscal year. The amount of change is
Therefore, there is a strong likelihood that
Seact
compared to the standard deviation in either fiscal ye
Transcribed Image Text:Varatta Enterprises sells industrial plumbing valves. The following table lists the annual sales amounts for every salesperson in the organization for the most recent fiscal year. Salesperson Sales Amount ($1000) Salesperson Sales Amount ($1000) Joseph 466 Jennifer 409 Stanley meani Luke Lexie Margaret variance standard deviation 146 $ 231 546 329 294 193 369 Wei Samantha Erin Dominic Charlie Amol Lenisa 297 320 189 (a) Compute the mean (in 5), variance, and standard deviation (in $) for these annual sales values. (Round your answers to the nearest whole number.) $ 315 X 315,071 210 412 (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 most recent and previous fiscal years. The mean sales amount has select from the previous to most recent fiscal year. The amount of change is Therefore, there is a strong likelihood that Seact compared to the standard deviation in either fiscal ye
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