You manage the inventory for a car dealership. Your management would like you to review current inventory on the dealership lot.
Review the Week 2 Data Set.
Create and calculate the following in Excel®:
- Createa Pie Chart which summarizes colors of the cars in the sample.
- Createa Bar Chart which summarizes the frequency of the models of the cars in the sample.
- Create a Frequency Table for classes of MPG, including Frequency and Relative Frequency for the cars in the sample
- Calculatethe mean Days in Inventory for the cars in the sample and comparethat to the median and the mode. Highlightthe value that would be a better representation of the “typical” days in inventory.
- Calculatethe standard deviation of the Days in Inventory for the cars in the sample.
- Calculatethe 5 number summary for the suggested retail prices of the cars in the sample. This consists of the 1st, 2nd, 3rd, 4th quartile and the IQR.
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