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Co. Ltd: UK-Based Cosmetic Companies Weekly Income Analysis Assignment Help
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Assignment Task
JJJ Co. Ltd is a company operating in the UK offering a range of cosmetic products sold online. The following problems relate to this company:
1. The table below shows the Weekly income (figures given are in £1,000s) for this company over a period of 50 weeks.
| Income | 0 - 4 | 5-9 | 10-14 | 15-19 | 20-24 | 25-29 | 30-40 |
| Number of week | 3 | 7 | 12 | 16 | 6 | 4 | 2 |
Calculate summary statistics to describe this data and discuss these results. During the next 50 weeks the Mean weekly income is £19,000 with a Standard Deviation of £3,000. Analyse the changes in these two periods and comment on why these differences may have occured.
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