**Question description**

You manage the inventory for a car dealership. Your management would like you to review current inventory on the dealership lot.

**Review** the Week 2 Data Set.

You manage the inventory for a car dealership. Your management would like you to review current inventory on the dealership lot.

**Review** 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 frequency of the models of the 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.
- Compare
** **that 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.

- Create
** **a Pie Chart which summarizes colors of the cars in the sample.
- Create
** **a Bar Chart which summarizes the frequency of the models of the 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.
- Compare
** **that 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.

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