Question 9 a) Calculate the median generated revenue for each division of Tesco, stating the formula you would use for determining the median revenue for its Bank division. b) Calculate the average generated revenue for each division of Tesco, stating the formula you would use for determining the average for its UK & ROI division. c) Calculate the standard deviation of the total revenue dataset (Column F) using Excel. Use the standard deviation range function, STDEV.P, to check your answer. d) Provide a definition for the standard deviation of any dataset. You must cite any sources used.
Question 9 a) Calculate the median generated revenue for each division of Tesco, stating the formula you would use for determining the median revenue for its Bank division. b) Calculate the average generated revenue for each division of Tesco, stating the formula you would use for determining the average for its UK & ROI division. c) Calculate the standard deviation of the total revenue dataset (Column F) using Excel. Use the standard deviation range function, STDEV.P, to check your answer. d) Provide a definition for the standard deviation of any dataset. You must cite any sources used.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.2: Arithmetic Sequences
Problem 51E
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Transcribed Image Text:Question 9
a) Calculate the median generated revenue for each division of Tesco, stating the
formula you would use for determining the median revenue for its Bank division.
b) Calculate the average generated revenue for each division of Tesco, stating the
formula you would use for determining the average for its UK & ROI division.
c) Calculate the standard deviation of the total revenue dataset (Column F) using
Excel. Use the standard deviation range function, STDEV.P, to check your
answer.
d) Provide a definition for the standard deviation of any dataset. You must cite any
sources used.
Transcribed Image Text:1
2
3
4
5
6
7
A
Year
B
C
D
E
Tesco Revenue by Location between 2018 and 2022
Tesco Bank
UK & ROI
Revenue
(£m)
Number
of stores
2018 7,033
2019
6,993
2020
4,613
2021 4,673
2022 4,752
38,656
44,883
45,752
48,848
49,984
Central Europe
Revenue (£m)
6,343
6,030
3,968
3,862
3,862
F
Total
Revenue Revenue
(£m)
(£m)
46,046
52,010
50,788
53,445
54,768
1,047
1,097
1,068
735
922
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