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StatisticsUsingExcel11.docx

Running head: STATISTICS 1

STATISTICS 3

Statistics Using Excel

Name

Institution

Course

Tutor

Based on the data, please answer the following.

1. What were the best days of the month for sales? (Top 5)

22/03/2021, 14/03/2021, 09/03/2021, 06/03/2021, 30/03/2021

2. What days of week are the best for sales?

The end of the week records the best sales.

3. What was the total sales for the month?

$ 22,969.00

4. What days were the worst for sale? (Lowest 5)

15/03/2021, 18/03/2021, 12/03/2021, 31/03/2021, 04/03/2021, 25/03/2021

5. Rank the weeks by best sales from greatest to least: 1, 2, 3, or 4. Hint: total the week’s sales and group accordingly. Omit the 29-31 in your ranking.

Revenue Rank

Date

Revenue

Distance (Miles)

1

22/03/2021

$ 976.00

1.3

2

14/03/2021

$ 940.00

1.3

3

09/03/2021

$ 916.00

0.4

4

06/03/2021

$ 906.00

3.4

5

30/03/2021

$ 900.00

0.9

6

21/03/2021

$ 844.00

1.3

7

02/03/2021

$ 835.00

1.2

8

08/03/2021

$ 817.00

0.4

9

16/03/2021

$ 816.00

0.5

9

27/03/2021

$ 816.00

1.7

11

26/03/2021

$ 811.00

2.1

12

11/03/2021

$ 801.00

0.8

13

20/03/2021

$ 782.00

1.3

14

17/03/2021

$ 775.00

0.5

15

28/03/2021

$ 774.00

1.7

16

19/03/2021

$ 765.00

2

17

01/03/2021

$ 750.00

1.2

18

13/03/2021

$ 733.00

1.7

18

24/03/2021

$ 733.00

3

20

05/03/2021

$ 732.00

2.6

21

03/03/2021

$ 694.00

2.6

22

10/03/2021

$ 688.00

0.4

23

23/03/2021

$ 674.00

3

24

29/03/2021

$ 665.00

0.9

25

07/03/2021

$ 632.00

3.4

26

15/03/2021

$ 608.00

2.7

27

18/03/2021

$ 590.00

2

28

12/03/2021

$ 582.00

0.8

6. What is the average for the month?

$ 740.94 for the Sales, and 1.6355 Miles for the distance

7. What is the mode?

$816 Sales and 1.3 Miles

8. What is the range in sales?

$ 687

9. Run a regression and use the data to create a graph in Excel.

SUMMARY OUTPUT

Regression Statistics

Multiple R

0.270624767

R Square

0.073237764

Adjusted R Square

0.041280446

Standard Error

0.904333294

Observations

31

ANOVA

 

df

SS

MS

F

Significance F

Regression

1

1.874225263

1.874225263

2.291736847

0.140887956

Residual

29

23.71674248

0.817818706

Total

30

25.59096774

 

 

 

 

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Intercept

2.957496077

0.888255437

3.329555837

0.002378116

1.140809726

4.774182427

Revenue

-0.001784247

0.001178617

-1.513848357

0.140887956

-0.00419479

0.000626295

Revenue 976 940 916 906 900 844 835 817 816 81 6 811 801 782 775 774 765 750 733 733 732 694 688 674 665 632 608 590 582 567 558 289 1.3 1.3 0.4 3.4 0.9 1.3 1.2 0.4 0.5 1.7 2.1 0.8 1.3 0.5 1.7 2 1.2 1.7 3 2.6 2.6 0.4 3 0.9 3.4 2.7 2 0.8 0.9 2.6 2.1

Revenue

Distance (Miles)