The accompanying data file shows the net profit (Net_Profit) counter sales (Counter_Sales), and drive-through sales (Drive_Sales) for

Question:

The accompanying data file shows the net profit (Net_Profit)  counter sales (Counter_Sales), and drive-through sales (Drive_Sales) for a chain of 100 fast-food restaurants. All variables are measured in millions of dollars.

a. Calculate the sample standard deviation for counter sales and drive-through sales. According to this measure of dispersion, which variable exhibited higher variability?

b. Calculate the mean absolute deviation (MAD) for counter sales and drive-through sales. According to this measure of dispersion, which variable exhibited higher variability?

Net_ProfitCounter_SalesDrive_Sales
1.58.47.7
0.83.34.5
1.25.88.4
1.410.07.8
0.24.72.4
0.87.74.8
0.64.52.5
1.38.63.4
0.45.92.0
0.66.34.1
1.58.47.7
0.83.34.5
1.25.88.4
1.410.07.8
0.24.72.4
0.87.74.8
0.64.52.5
1.38.63.4
0.45.92.0
0.66.34.1
1.58.47.7
0.83.34.5
1.25.88.4
1.410.07.8
0.24.72.4
0.87.74.8
0.64.52.5
1.38.63.4
0.45.92.0
0.66.34.1
1.58.47.7
0.83.34.5
1.25.88.4
1.410.07.8
0.24.72.4
0.87.74.8
0.64.52.5
1.38.63.4
0.45.92.0
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Business Analytics

ISBN: 9781265897109

2nd Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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