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appliances randomly selected a number of relevant invoices for transactions completed in October 2021. Descriptive statistics, computed to summarise the data, are presented in Table
appliances randomly selected a number of relevant invoices for transactions completed in October 2021. Descriptive statistics, computed to summarise the data, are presented in Table 1 below. NB: Some values are missing. This table has been made available in the Excel file named "MN4063QA NOV21Dataset" under the tab labelled Task 1. Table 1- Ungrouped Descriptive Statistics Expenditure (f) on Stand Mixers Mean 224 Standard Error 6.58 Median 224 Mode 224 Standard Deviation Sample Variance 5625 Kurtosis 0.49 Skewness 0.32 Range 301 Minimum 68 Maximum 369 Sum 29120 Count Coefficient of Variation 33.48% Required for Task 1 (Comments for task 1 should not exceed 50 words in total.) a. With reference to Table 1 above and using a calculator, calculate the standard deviation and count. Insert your values on the table and copy into your Word document. b. Interpret the mean and standard deviation in the context of the scenario provided and comment on the distribution of the data
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