Monthly Sales 7612.98 8393.66 7780.23 7091.18 9450.62 8220.44 7339.97 8589.48 7621.12 8067.21 7432.08 7621.69 7256.68 7821.21...

Monthly Sales
7612.98
8393.66
7780.23
7091.18
9450.62
8220.44
7339.97
8589.48
7621.12
8067.21
7432.08
7621.69
7256.68
7821.21
8074.25
8173.28
7745.28
7398.05
7098.52
8484.65
7987.16
7041.5
7937.03
8508.25
8145.68
7802.15
8482.05
6171.19
8870.03
7906.6
9093.87
8010.37
6971.06
8800.08
7209.09
8852.65
8319.31
7982.86
8405.35
9166.74
7634.14
8315.4
8680.97
7540.09
9461.91
9414.57
9335.68
8638.78
7285.7
8376.95
9448.4
8360.16
7767.16
8072.17
9723.44
10062.24
8066.42
8721.08
9389.73
7474.23

Given their performance record and based on empirical rule what would be the lower bound of the range of sales values that contains 68% of the monthly sales?

Expert Solution

the lower bound of the range of sales values that contains 68% of the monthly sales is 7391.7

The detailed solution is shown below.

Put the data in excel and arrange it in ascending order.

milcah answered 3 months ago

Monthly Sales Tax A retail company must file a monthly sales tax report listing the total...

Monthly Sales Tax A retail company must file a monthly sales tax report listing the total sales for the month, and the amount of state and county sales tax collected. The state sales tax rate is 5 percent and the county sales tax rate is 2.5 percent. Write a Python program with function(s) that asks the user to enter the total sales for the month. Make sure that you do not allow user to enter negative values for the total...

Monthly Sales Tax Program A retail company must file a monthly sales tax report listing the...

Monthly Sales Tax Program A retail company must file a monthly sales tax report listing the total sales for the month and the amount of state and county sales tax collected. The state sales tax rate is 4 percent and the county sales tax rate is 2 percent. Write a program that asks the user to enter the total sales for the month. The application should calculate and display the amount of county sales tax, the amount of state sales...

The monthly salary S of a shop assistant is the sum of a fixed salary of $500 plus 5% of all monthly sales. What should the monthly sales be so that her monthly salary reaches $1500?

A sales analyst wants to determine whether there is difference in the mean monthly sales (in...

A sales analyst wants to determine whether there is difference in the mean monthly sales (in RM) of cosmetic company of six sales region in Johor. Several salespersons from each region are chosen and their monthly sales were recorded in Table Q2. Monthly sale (RM) Company A Company B Company C Company D Company E Company F 4250 3930 3960 4350 4150 3970 3980 4010 4020 4450 3890 4160 4020 4050 4130 3880 4568 4370 4130 4220 4350 4574 4480...

Write a c++ program for the Sales Department to keep track of the monthly sales of...

Write a c++ program for the Sales Department to keep track of the monthly sales of its salespersons. The program shall perform the following tasks: Create a base class “Employees” with a protected variable “phone_no” Create a derived class “Sales” from the base class “Employees” with two public variables “emp_no” and “emp_name” Create a second level of derived class “Salesperson” from the derived class “Sales” with two public variables “location” and “monthly_sales” Create a function “employee_details” under the class “Salesperson”...

50. A retailer expects monthly sales to be $100,000 and planned reductions from sales to be...

50. A retailer expects monthly sales to be $100,000 and planned reductions from sales to be 8 percent of sales. The retailer wants ending inventory to be $20,000 greater than beginning inventory. Planned purchases at retail are _____. Select one: a. $100,000 b. $120,000 c. $127,200 d. $128,000

The monthly sales for Telco Batteries, Inc., were as follows in Table 1 Table 1: Monthly...

The monthly sales for Telco Batteries, Inc., were as follows in Table 1 Table 1: Monthly Sales MONTH SALES January 10 February 14 March 15 April 14 May 12 June 10 July 14 August 18 September 20 October 20 November 22 December 23 Forecast January sales using each of the following: A 4-month moving average. Exponential smoothing using an alpha = 0.25 Which of the forecast models is better and why? Using the tracking signal with a control limit of...

The following data represent the 2019 monthly sales in units for the Pacific Region Sales Team...

The following data represent the 2019 monthly sales in units for the Pacific Region Sales Team of QualCase, Inc. Month Units sold (xi) (x – x-bar) Squared values Divide total by n-1 SQRT Jan 73 | | Feb 79 | | Mar 76 | | Apr 79 | | May 80 | | Jun 78 | | Jul 77 | | Aug 78 | | Sep 75 | | Oct 72 | | Nov 75 | | Dec 82 V...

Winfield Company operates a retail store a) Below is a table containing monthly sales and sales...

Winfield Company operates a retail store a) Below is a table containing monthly sales and sales staff compensation, in dollars for the previous year. Use the high-low method to create an equation in the form Y = a+ bX to describe the behavior of sales staff compensation. Month Comp Sales 1 412,700 1,808,000 2 386,000 1,659,000 3 359,700 1,512,000 4 346,500 1,138,000 5 359,400 1,218,900 6 341,000 1,233,000 7 366,500 1,409,300 8 364,200 1,437,000 9 400,100 1,616,600 10 443,000 1,833,000...

A retail company must file a monthly sales tax report listing the total sales for the...

A retail company must file a monthly sales tax report listing the total sales for the month, and the amount of state and county sales tax collected. The state sales tax rate is 4% and the county sales tax rate is 2%. Create an application that allows the user to enter the total sales from the month. From this figure, the application should calculate and display the following: 1. The amount of country sales tax 2. The amount of state...

Question