A data analyst needs to calculate the mean for Q1 sales using the data set below: Which of the following is the mean?

The correct answer is A. $2,466.18. The mean can be calculated by adding up all the Q1 sales values and then dividing by the number of items in the data set. In this case, the total of all the Q1 sales is $12,330.88, and there are 5 items in the data set. So, the mean is calculated as follows: $12,330.88 ÷ 5 =…

Data Analysis

Question

A data analyst needs to calculate the mean for Q1 sales using the data set below:

Which of the following is the mean?

Options

A$2,466.18
B$2,667.60
C$3,082.72
D$12,330.88

How the community answered

(20 responses)

A
80% (16)
B
5% (1)
C
5% (1)
D
10% (2)

Explanation

The mean can be calculated by adding up all the Q1 sales values and then dividing by the number of items in the data set. In this case, the total of all the Q1 sales is $12,330.88, and there are 5 items in the data set. So, the mean is calculated as follows: $12,330.88 ÷ 5 = $2,466.18 Therefore, the mean is $2,466.18.

Topics

#Mean Calculation#Descriptive Statistics#Measures of Central Tendency#Data Analysis Fundamentals

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