The document asks 5 questions about revenue data: 1) requests calculations of mean, median and mode to determine where data clusters, and which measure best represents typical revenue. 2) asks for the revenue range. 3) asks for the standard deviation. 4) asks for the 95% confidence interval. 5) asks for the rate of revenue increase between 2010 and 2020 given average revenues of $103 million and $164 million respectively.

1. PLEASE ANSWER THE QUESTIONS CORRECTLY WITH SOLUTIONS, FORMULA AND
EXPLANATIONS. THANK YOU VERY MUCH!
DATA
Support your answers with calculations and/or explanations where appropriate.
Refer to the revenue variable and answered the following questions.
Support your answers with calculations and/or explanations where appropriate.
Refer to the revenue variable and answered the following questions.1.Around what values do the
data tend to cluster? Specifically:a) What is the mean revenue?b) What is the median revenue?c)
What is the mode revenue?d) Is one measure more representative of the typical revenue than the
other? Why or why not?2. What is the range of the revenues?3. What is the standard deviation?4.
About 95% of all the team's revenues are between what to values?5. Assume the average team
revenue in 2010 was $103 million. by 2020 the average team revenue had increased to $164
million. What was the rate of increase over to period?