Question

You’re setting sales goals for next month you base your goals on previous average sales the actual sales for the same month for the last four years have been 24 units, 30 units, 23 units, and 27 units what is the average number of units you can except to sell next month?

Answer 1

26 units

Explanation:

As the sales for the same month in past four years is given, they will be used to determine the sales for next month.

We have to find the average of previous 4 years' sale for the same month

So,

n = 4

The formula for average is:

`Avg = (Sum of values)/(number of values)`

`=( 24+30+23+27)/(4)`

`= (104)/(4)`

`= 26`

26 is the average number of units that can be expected to be sold the next month ..