Descriptive statistic results from quarterly sales figures over a 18 year period (73 qtr) are below. Please interpret the standard Deviation and Median in terms of sales results, so I can explain the sales in written form.
- Table 1 Net Sales (in thousands)
- Mean = $6,343,231
- Median = $6,348,797
- Standard Deviation = $2,473,444
- Range = $7,920,508
- Minimum = $2,665,882
- Maximum $10,586,390
- Count = 73