Calculating Descriptive Statistics for Sales and Costs: Mean,

School: University of the Cumberlands - Course: BADM 582 - Subject: Accounting

Activity III:Using the dataset and answer the following questions: 1.Calculate these descriptive statistics a) Mean of sales = $1,483,403.676 b) Variance of material costs = $11,498,301.442 c) Covariance of labor costs = $88,237,338.600 Covariance of materials cost = $11,450,590.647 d) Mean of labor cost = $72,410.419 e) Total sales = $357,500.286 2. Calculate at least two more descriptive statistics for this dataset.