Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate these descriptive statistics. Mean of sales Variance of materials costs Covariance of labor costs and materials costs Mean of labor costs Total sales Calculate

  1. Calculate these descriptive statistics.
    1. Mean of sales
    2. Variance of materials costs
    3. Covariance of labor costs and materials costs
    4. Mean of labor costs
    5. Total sales
  2. Calculate at least two more descriptive statistics for this dataset.
RegionSalesLabor CostsMaterials Costs1$2,070,279.00$59,313.00$25,489.002$2,253,758.00$84,294.00$24,159.003$1,158,833.00$61,570.00$27,903.004$1,916,107.00$75,704.00$26,936.005$2,209,766.00$73,411.00$20,282.006$1,344,758.00$58,071.00$27,327.007$1,525,285.00$63,391.00$20,948.008$2,101,502.00$71,228.00$22,553.009$2,343,835.00$63,438.00$26,483.0010$1,965,095.00$61,898.00$18,493.0011$1,426,194.00$85,093.00$28,694.0012$2,029,357.00$59,075.00$27,439.0013$986,042.00$78,975.00$26,713.0014$1,901,358.00$86,003.00$25,048.0015$1,465,856.00$86,628.00$27,959.0016$1,339,142.00$66,014.00$20,393.0017$1,200,863.00$57,088.00$20,524.0018$1,295,627.00$68,377.00$26,861.0019$892,951.00$63,295.00$23,854.0020$1,781,455.00$68,708.00$17,651.0021$2,004,767.00$72,406.00$24,306.0022$1,806,366.00$66,453.00$25,955.0023$1,589,468.00$73,428.00$25,793.0024$1,417,498.00$80,573.00$27,410.0025$1,007,695.00$71,824.00$27,023.0026$2,047,287.00$58,911.00$19,564.0027$633,691.00$70,385.00$18,798.0028$1,498,891.00$78,440.00$27,471.0029$845,502.00$56,672.00$28,614.0030$1,326,477.00$85,644.00$22,815.0031$2,269,852.00$80,518.00$21,864.0032$2,355,777.00$64,302.00$17,614.0033$537,921.00$67,073.00$18,759.0034$1,795,804.00$87,295.00$22,673.0035$1,135,573.00$70,522.00$24,010.0036$1,089,914.00$73,215.00$22,557.0037$2,011,619.00$78,151.00$28,035.0038$2,281,482.00$85,753.00$23,273.0039$921,194.00$76,725.00$20,106.0040$1,691,862.00$67,237.00$29,091.0041$1,268,440.00$73,632.00$28,556.0042$1,569,321.00$80,347.00$20,155.0043$823,068.00$80,167.00$19,767.0044$1,524,685.00$75,288.00$26,404.0045$1,908,126.00$63,282.00$25,759.0046$1,566,024.00$69,968.00$22,545.0047$1,619,888.00$83,180.00$28,056.0048$808,591.00$68,919.00$23,179.0049$1,040,239.00$67,078.00$19,997.0050$997,462.00$75,289.00$29,025.0051$801,630.00$68,497.00$18,740.0052$1,886,438.00$67,231.00$27,850.0053$864,289.00$83,353.00$21,987.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Finance For Non Specialists

Authors: Eddie McLaney

9th Edition

1292062711, 9781292062716

More Books

Students also viewed these Accounting questions