A large retail company keeps sales data local to the individual branches where sales transactions were performed. To compute overall sales statistics, the company wants to avoid sending the full sales data set to a central server. Instead, only aggregated sales information (sum, average, minimum, variance, median, maximum) is sent from each branch to the central site. Which of the following statements are correct? a) The overall sum can be derived from the sums per branch. b) The overall average can be derived from the averages per branch. c) The overall minimum can be derived from the minimums per branch.

Np Ms Office 365/Excel 2016 I Ntermed
1st Edition
ISBN:9781337508841
Author:Carey
Publisher:Carey
Chapter8: Working With Advanced Functions
Section: Chapter Questions
Problem 2.9CP
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A large retail company keeps sales data local to the individual branches where sales transactions
were performed. To compute overall sales statistics, the company wants to avoid sending the full sales data set to
a central server. Instead, only aggregated sales information (sum, average, minimum, variance, median, maximum)
is sent from each branch to the central site. Which of the following statements are correct?
a) The overall sum can be derived from the sums per branch.
b) The overall average can be derived from the averages per branch.
c) The overall minimum can be derived from the minimums per branch.
d) The overall variance can be derived from the variances per branch.
e) The overall median can be derived from the medians per branch.
f) The overall maximum can be derived from the maximums per branch.
Transcribed Image Text:A large retail company keeps sales data local to the individual branches where sales transactions were performed. To compute overall sales statistics, the company wants to avoid sending the full sales data set to a central server. Instead, only aggregated sales information (sum, average, minimum, variance, median, maximum) is sent from each branch to the central site. Which of the following statements are correct? a) The overall sum can be derived from the sums per branch. b) The overall average can be derived from the averages per branch. c) The overall minimum can be derived from the minimums per branch. d) The overall variance can be derived from the variances per branch. e) The overall median can be derived from the medians per branch. f) The overall maximum can be derived from the maximums per branch.
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