Question
In: Statistics and Probability
What does the mean and standard deviation mean in terms of expected sales?
What does the mean and standard deviation mean in terms of expected sales?
Solutions
Expert Solution
mean: (interms of )
it is known as the normal estimations of offers or normal of offers. it is the focal estimation of a discrete
set of sales.specially the total of the qualities separated by the quantity of qualities.
standard deviation:l
the standard deviation is a measurement that estimates the dispresion of an informational collection (deals) relative to its mean and is determined as square of the fluctuation. in the event that the information points(sales) are the further from the mean at that point there is a higher deviation inside the dataset,thus progressively spread out the information, the higher the standard deviation.
orchestra answered 2 years agoRelated Solutions
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WHAT IS THE A. MEAN B. THE VARIANCE C. THE STANDARD DEVIATION
WHAT IS THE
A. MEAN
B. THE VARIANCE
C. THE STANDARD DEVIATION
Respondent
QUESTION 1
QUESTION 2
QUESTION 3
QUESTION 4
QUESTION 5
QUESTION 6
QUESTION 7
QUESTION 8
OBESE?
A
2
1
2
1
3
4
3
2
N
B
1
2
1
5
3
1
3
5
N
C
2
5
3
3
3
3
4
2
N
D
2
4
3
3
3
3
3
5
N
E
2
4
4
1
5
3
4
2
N...
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and stock B?If you invest 50% of your money in stock A and 50% of your
money in stock B, what are the expected return and standard
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