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Standard Deviation and Median interpretation based on Sales

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Descriptive statistic results from quarterly sales figures over a 18 year period (73 qtr) are below. Please interpret the standard Deviation and Median in terms of sales results, so I can explain the sales in written form.

Table 1 Net Sales (in thousands)
Mean = $6,343,231
Median = $6,348,797
Standard Deviation = $2,473,444
Range = $7,920,508
Minimum = $2,665,882
Maximum $10,586,390
Count = 73

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Solution Summary

This brief solution interprets the result of the standard deviation and the median in a given quarterly sales figures.

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Standard Deviation
The Standard deviation shows how close or farther away is the quarterly sales from the mean. A higher standard deviation shows that the quarterly sales are not crowded around the mean. Smaller ...

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