ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
Bartleby Related Questions Icon

Related questions

Question

Calculate the mean of the projected annual revenues of the 7 countries. Show full working for the mean calculation.  

123
4
5
6
7
8
9
10
11
A
B
с
Country
Q1
Canada 15000
Singapore 20000
Pakistan
25000
10000
27000
Spain
19000
Germany 26000
Nigeria
UAE
D
AllTech Group
Forecasted Global Revenue Dashboard for 2021
Q3
18000
22000
22000
11000
28000
21000
30000
E
Q2
16000
23000
21000
9000
26000
22000
28000
F
Q4
17000
21000
21000
8000
27000
22000
29000
expand button
Transcribed Image Text:123 4 5 6 7 8 9 10 11 A B с Country Q1 Canada 15000 Singapore 20000 Pakistan 25000 10000 27000 Spain 19000 Germany 26000 Nigeria UAE D AllTech Group Forecasted Global Revenue Dashboard for 2021 Q3 18000 22000 22000 11000 28000 21000 30000 E Q2 16000 23000 21000 9000 26000 22000 28000 F Q4 17000 21000 21000 8000 27000 22000 29000
Expert Solution
Check Mark
Step 1

In order to calculate the mean of the projected annual revenues, first, we need to calculate the projected annual revenue of each country.  

The annual revenue could be calculated by summing up the projected revenue of all four quarters. 

Country Q1 Q2 Q3 Q4 Sum
Canada 15000 16000 18000 17000 66000
Singapore 20000 23000 22000 21000 86000
Pakistan 25000 21000 22000 21000 89000
Nigeria 10000 9000 11000 8000 38000
UAE 27000 26000 28000 27000 108000
Spain 19000 22000 21000 22000 84000
Germany 26000 28000 30000 29000 113000
Knowledge Booster
Background pattern image
Economics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:9780190931919
Author:NEWNAN
Publisher:Oxford University Press
Text book image
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Text book image
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Text book image
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Text book image
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education