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The descriptive statistics of advertising expenditure per month, in dollars, at a tourism company are given below. A) mean=3050 median=2850 first quartile=1575 third quartile=4625 B)
The descriptive statistics of advertising expenditure per month, in dollars, at a tourism company are given below.
A)
mean=3050
median=2850
first quartile=1575
third quartile=4625
B)
variance=2716111.11111
standard deviation=1648.06284,
interquartile range=3050
coefficient of variation=54.03%
What conclusion can you reach about advertising expenditure at this store.
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