Question

Convert the following sales revenues figures into z-scores for 2 store locations where products are located:...

Convert the following sales revenues figures into z-scores for 2 store locations where products are located: “front of the store” and “in the aisle of the store,” and identify which revenues are considered unusual according the approach “Z-Scores and Unusual Observations.” Please show your output (include a snapshot of your excel analysis with clear labels) and include a sentence or two on whether any are considered unusual.

Front of the store

Aisle of the store

113

132

114

134

105

119

125

167

98

129

106

115

147

130

116

152

102

134

128

121

You may assume that the population mean and population standard deviation are as follows:

Front of the store

μ = 115

σ = 15

Aisle of the store

μ = 133

σ = 16

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