i. Calculate mean of sales revenue and advertising expenditure

ii. Calculate Standard deviation of sales revenue and adverting expenditure

iii. Calculate correlation coefficient between above two variables and interpret the meaning

Question 3 (11 marks) You have been given a sample data set related to sales revenue and advertising expenditure in Dian packaging (Note: ata set is same as in Q2). Sales Revenue ($ 000)| Advertising expenditure ($ 000) 35 7 37 45 47 51 55 60 72 75 74 Use the above data to answer the questions given below; 8 10 12 12 11 15 16 18 20 HA1011 Final Assessment T1 2022 HOLMES INSTITUTE CURS Sales Revenue ($ 000)| Advertising expenditure ($ 000) 35 7 37 8 45 10 47 12 51 12 11 15 55 60 72 75 74 16 18 20