apply week 2 case study 1

Part 1: to be completed in Excel^®

You manage the inventory for a car dealership. Data on current inventory can be found in the Week 2 Data Set. Management would like you to assess current inventory on the dealership lot.

Using the Week 2 Data Set, create and calculate the following in Excel^®:

Create a pie chart which summarizes colors of the cars in the sample.
Create a bar chart which summarizes the number of each of the models of cars in the sample.
Create a frequency table for classes of MPG, including frequency and relative frequency for the cars in the sample.
Calculate the mean Days in Inventory for the cars in the sample. Also, do the following:
- Compare the mean to the median and the mode.
- Highlight the value that would be a better representation of the “typical” price of a car in inventory.
Calculate the standard deviation of the Days in Inventory for the cars in the sample.
Calculate the 5 number summary for the suggested retail prices of the cars in the sample. This consists of the 1st, 2nd, 3rd, 4th quartile, and the IQR

This is the information for the Data Set

Sample Car #	Color	MPG	Suggest Retail Price	Option Package	Days in Inventory
1	Grey	27.6	$ 24,390.00	LX	1
2	Grey	32.4	$ 21,780.00	Touring	10
3	Blue	33.2	$ 21,149.00	Touring	28
4	Black	34.7	$ 22,069.00	LX	21
5	Blue	27.2	$ 22,532.00	Touring	16
6	Blue	26.6	$ 20,345.00	Touring	22
7	Red	37.3	$ 22,112.00	EX	12
8	Silver	34.9	$ 21,289.00	Touring	23
9	Silver	29.6	$ 24,871.00	LX	15
10	Silver	32.3	$ 25,389.00	EX	8
11	Grey	31.9	$ 25,998.00	EX	28
12	Red	26.4	$ 19,713.00	LX	55
13	Black	34.8	$ 25,213.00	EX	2
14	Silver	35.9	$ 24,467.00	Touring	33
15	Black	34.6	$ 21,402.00	LX	17
16	Black	33.3	$ 20,351.00	LX	14
17	Grey	33.1	$ 23,732.00	Touring	1
18	Red	37.5	$ 24,558.00	Touring	2
19	Red	27.8	$ 19,167.00	LX	18
20	Red	36.1	$ 19,903.00	Touring	22
21	Blue	28.8	$ 22,140.00	Touring	19
22	Red	26.2	$ 22,180.00	EX	41
23	Silver	27.4	$ 23,120.00	Touring	33
24	Black	34.9	$ 19,837.00	Touring	21
25	Red	36.5	$ 24,666.00	EX	31
26	Red	26.3	$ 19,446.00	EX	35
27	Blue	31.4	$ 23,954.00	Touring	11
28	Blue	30.9	$ 21,201.00	LX	3
29	Red	27.4	$ 21,346.00	EX	26
30	Red	36	$ 19,406.00	EX	31

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