Youre setting sales goals for next month. You base your goals on previous average sales. The actual sales for the same month for the last four years have been 24 units, 30 units, 23 units, and 27 units. What is the average number of units you can expect to sell next month?
Find the average sales for the last four years:
Average Sales = Total Sales / 4
Average Sales = (24 + 30 + 23 + 27) / 4
Average Sales = 104 / 4
Average Sales = 26 units
Find the average sales for the last four years:
Average Sales = Total Sales / 4
Average Sales = (24 + 30 + 23 + 27) / 4
Average Sales = 104 / 4
Average Sales = 26 units