The data contained in the Data file named Food Industry show the company/chain name, the average sales
Question:
a. What was the mean U.S. sales per store for the 47 restaurant chains?
b. What are the first and third quartiles? What is your interpretation of the quartiles?
c. Show a box plot for the level of sales and discuss if there are any outliers in terms of sales that would skew the results.
d. Develop a frequency distribution showing the average sales per store for each segment.
Comment on the results obtained.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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a Mean 12752 b First quartile 879 and the third quartile 1700 25 ...View the full answer
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Related Book For 
Statistics For Business & Economics
ISBN: 9781305585317
13th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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