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)Joseph466Jennifer409StanleymeaniLukeLexieMargaretvariancestandard deviation146$231546329294193369WeiSamanthaErinDominicCharlieAmolLenisa297320189(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 X315,071210412(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 inmost recent and previous fiscal years.The mean sales amount has select from the previous to most recent fiscal year. The amount of change isTherefore, there is a strong likelihood thatSeactcompared to the standard deviation in either fiscal ye

Sales amount146231546329294193369466409297320189210412

Answered: Varatta Enterprises sells industrial…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Varatta Enterprises sells industrial plumbing valves. The following table lists the annual sales amounts for a portion of the salespeople in the organization for the most recent fiscal year. a. Compute the mean (in $1000), variance (in $10002), and standard deviation (in $1000) for these annual sales values. Round your answers to the nearest whole number. b. In the previous fiscal year, the average annual sales amount was 290 thousand with a standard deviation of 95 thousand. Discuss any differences you observe between the annual sales amount in the most recent and previous fiscal years. Which of the following is correct? (i) The difference in the mean annual sales amount is very small and is most likely due to random change in demand for these products. (ii) The sample mean annual sales amount and standard deviation for the previous fiscal year were significantly higher. (iii) The sample mean annual sales amount and standard deviation for the previous fiscal year were significantly…
Interpret results in the context of problem.
A printing company spends specific amounts on fixed costs every month. The costs of those fixed costs are in the table. Monthly fixed costs Monthly charges Bank charges Cleaning Computer expense Lease payments Postage Uniforms Monthly cost ($) 373 2691 2606 2580 2535 2165 Find the sample's mean, median, range, variance, and standard deviation using technology. Round to the nearest cent, if necessary. I The mean is The median is The range is The variance is The standard deviation is
The ages (in years) of a random sample of shoppers at a gaming store are shown. Determine the range, mean, variance, and standard deviation of the sample data set. 12, 21, 23, 15, 20, 18, 21, 16, 15, 16 The range is 11. (Simplify your answer.) The mean is 17.7. (Simplify your answer. Round to the nearest tenth as needed.) The variance is 12.0. (Simplify your answer. Round to the nearest tenth as needed.) The standard deviation is (Simplify your answer. Round to the nearest tenth as needed.)
TOPIC : MEASURES OF DISPERSION Please use your group data to formulate these following items. 1. Range, its meaning, and the formula. 2. Mean Deviation, its meaning, and the formula. 3. Standard Deviation, its meaning, and the formula. 4. Variance, its meaning and the formula. Picture below is the group data:
Compare the population variance to the mean of the sample variances. Choose the correct answer below. A. The population variance is equal to the square root of the mean of the sample variances. B. The population variance is equal to the mean of the sample variances. C. The population variance is equal to the square of the mean of the sample variances.
O Macmillan Learning The domestic cat, Felis catus, is a domesticated furry creature often kept as a pet in many countries. Suppose a volunteer at a local animal shelter wanted to find out a little more about the cats in her care. The volunteer carefully measured the height for the 10 fully grown adult cats at her shelter. The height measurements were taken from the base of the foreleg to the shoulder. The table shows the results of the measurements. Calculate the mean, variance, and standard deviations for cat height for the sample of shelter cats. Report all your answers to two decimal points. mean: variance: standard deviation: in in² in Sample 1 2 3 4 5 6 7 8 9 10 Height (in) 10.5 13 7.7 7.5 9.55 10.5 10.85 12.3 8.15 7.85
5.) Find the mean, median, range, variance and standard deviation of the data set below. The data represent the fixed monthly costs for Sam's Linen Service. Monthly charges Monthly cost ($) Bank charges 482 Cleaning 2208 Food 1750 Computer expenses 2471 Lease payments 2656 Grounds fees 1475 Postage 2117 Uniforms 2600 Delivery fuel 955

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