Brand Fire Cloths placed several category products in other retail outlet for mixed merchandising.

The manage
manager wants an answer to followi

retail outlet No Sales ShelfSpace Merchandise Rank

1 550 1 1 1
2 500 2 1 2
3 450 3 1 2
4 570 1 2 2
5 530 2 2 3
6 490 3 2 2
7 560 1 3 1
8 510 2 3 1
9 500 3 3 3
10 530 1 1 3
11 500 2 1 3
12 470 3 1 3
13 590 1 2 3
14 530 2 2 1
15 480 3 2 3
16 600 1 2 2
17 540 2 2 3
18 480 3 2 1
19 580 3 1 3
20 520 3 1 2
21 500 3 1 2
22 530 3 2 2
23 500 2 2 3
24 460 3 2 3
25 500 1 3 3
26 550 2 3 3
27 520 3 3 2
28 460 1 1 3
29 490 2 2 1
30 500 3 3 3
rchandising. The manager collected data to understand the overall summary of its performance in the market. The
ants an answer to following questions:
What are the average sales of Fire Cloths Brand?
Which Shelfspace was mostly given to Fire Cloths merchandise?
What is the standard deviation of the sales?
Which merchandise was mostly placed in the retail outlet?
Are sales similar in all retail outlet?

Description of variables

Shelf Space
1 Point of Purchase
2 Window display
3 Shelf Rack

merchandise
1 Ladies Collection
2 Men's collection
3 Both

Rank given to fire brand in comparison to others

1 Highest Rank
3 Lowest Rank
n the market. The

merchandise?

outlet?
 21BSP1888_Prateek Agarwal

Q1. What are the average sales of Fire Cloths Brand?

Answer 1 Total Sales of the company 15,490
Total number of outlets 30
Average Sales of the company 516.33

Q2. Which Shelfspace was mostly given to Fire Cloths merchandise?

Answer 2 Shelf Rack
For calculating this we used the MODE function
3

Q3. What is the standard deviation of the sales?

Answer 3 38.16

Mean (x) X1 X1-X Square of (X1-X)

516.33 550 33.67 1,133.44
500 -16.33 266.78
450 -66.33 4,400.11
570 53.67 2,880.11
530 13.67 186.78
490 -26.33 693.44
560 43.67 1,906.78
510 -6.33 40.11
500 -16.33 266.78
530 13.67 186.78
500 -16.33 266.78
470 -46.33 2,146.78
590 73.67 5,426.78
530 13.67 186.78
480 -36.33 1,320.11
600 83.67 7,000.11
540 23.67 560.11
480 -36.33 1,320.11
580 63.67 4,053.44
520 3.67 13.44
500 -16.33 266.78
530 13.67 186.78
500 -16.33 266.78
460 -56.33 3,173.44
500 -16.33 266.78
550 33.67 1,133.44
520 3.67 13.44
 460 -56.33 3,173.44
490 -26.33 693.44
500 -16.33 266.78
43,696.67

Average of
Square of X1-X
1456.56
Standard
Deviation 38.16

Q4. Which merchandise was mostly placed in the retail outlet?

Answer 4 Men's Collection
For calculating this we used the MODE function
2

Q5. Are sales similar in all retail outlet?

Answer 5 No
We can say this by calculating the variance of the set data. Since the variance is very high it means that the data is s

Variance (Square of (X1-X)/n-1) 1506.78

t means that the data is spread out