Annual revenues (in $ millions) for Home Depot and Lowes Corporation are collected for 13 years. A
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Annual revenues (in $ millions) for Home Depot and Lowe’s Corporation are collected for 13 years. A portion of the data is shown in the accompanying table.
a. For each company, calculate the mean and the median revenues for this time period. Which company had higher average revenues?
b. For each company, calculate the variance and the standard deviation for this time period. Which company’s revenues had more dispersion as measured by the standard deviation?
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Related Book For
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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