Compute the Mean,standard Deviation and Interquartile Range for the Following

question 12

Essay

Compute the mean,standard deviation and interquartile range for the following sample data: 12.2,15.9,8.1,19.2,13.7,7.2,12.2,10.9,5.4,and 16.8.

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Definitions:

Discounts

Reductions to the selling price of goods or services offered by a business to stimulate sales or reward customers.

Loyal Buyers

Consumers who repeatedly purchase the same brand or product, demonstrating fidelity and consistent preference over time.

Ancillary Services

Additional services or benefits provided beyond the primary product or service, often enhancing customer experience or value.

Promotional Mix

The combination of communication tools an organization uses to convey a clear, consistent, and compelling message about its brand and products.