question archive The following data is available about a company involved in selling cars for one month
The following data is available about a company involved in selling cars for one month
Subject:StatisticsPrice: Bought3
The following data is available about a company involved in selling cars for one month. You are required to make a presentation to the Top management about your analysis of the sales data. Further you are required to answer the following questions,
1. What is the average sales price of the car?
2. What is the percentage of high value (> 30,000) car sales?
3. Is the sales more in the premium segment or more in the economy segment or equal?
4. How can you capture the data that is provided in a nutshell & present it in ONE slide?
5. What is the probability of the next car sales being a premium segment sale (price being $ 30,000 & above)?
6. What is the probability of the next car sales price being an economy segment sale ($ 20,000 & below)?
