You work at a department store and your boss asks you to determine if the average profit (in dollars) at your store has
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You work at a department store and your boss asks you to determine if the average profit (in dollars) at your store has
You work at a department store and your boss asks you todetermine if the average profit (in dollars) at your store hasincreased from what it was last year. You collect a random sampleof 30 days from this year and 40 days from last year and calculatethe profit on each of the days. After collecting the data, whatwould be appropriate to do as part of the 'Describe the Data' stepof the Statistical Process? (Mark ALL that apply) O Construct ahistogram for the data from this year and from last year. OConstruct a pie chart to show the mean of each year. O Calculatethe sample mean profit for the data from each year. O Calculate thesample standard deviation for the data from each year. O Calculatethe sample proportions for each year. O Construct a box plot foreach year.