Question
Glen's Mufflers and Exhaust has been experiencing a steady growth in sales. The following grouped data show the frequencies of daily sales volume (in hundreds
Glen's Mufflers and Exhaust has been experiencing a steady growth in sales. The following grouped data show the frequencies of daily sales volume (in hundreds of dollars):
Daily Sales Number of Days
.25 and under 1 3
1 and under 1.75 9
1.75 and under 2.5 10
2.5 and under 3.25 4
3.25 and under 4.0 2
4.0 and under 4.75 12
4.75 and under 5.5 6
5.5 and under 6.25 1
6.25 and under 7 3
7.0 and under 7.75 2
a) Calculate the mean daily sales
b)Calculate the variance and standard deviation of the daily sales.
Could you please show me how to work this step by step?
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