Discuss whether the data appears to be normally distributed

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Reference no: EM133980669

Question: You have been provided with the following dataset, which includes the monthly sales figures (in thousands of dollars) for a retail company over the past two years:

Month	Sales ($'000)
January	35
February	40
March	38
April	45
May	50
June	42
July	48
August	53
September	47
October	55
November	60
December	62
January	52
February	57
March	54
April	60
May	63
June	58
July	61
August	65
September	59
October	66
November	70
December	72

Assignment Questions:

1. Calculate Descriptive Statistics
Using Excel, calculate the following descriptive statistics for the sales data:

Mean
Median
Mode
Standard deviation
Minimum and maximum sales values
Range

2. Visual Representation
Create a histogram chart of the sales data to visualize the distribution.

3. Analysis
Based on the descriptive statistics and the histogram, describe the overall trend in the sales figures over the two-year period. Discuss whether the data appears to be normally distributed or skewed, and what that might imply about the sales performance of the company. Maximize your scores with our expert assignment help - get help now!

Reference no: EM133980669

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