RSCH-6011: Quantitative Research Methods

Week-4: Central Tendency

WayneCo Ltd: Monthly Averages
Summer-2022
First Name Last Name

Please submit ONE COPY your team's Excel workbook to FOL: Submissions (Week-4: WayneCo
Please name your team's file using this format: Week4-Team-Z where Z is your team/breakou
EXAMPLE: If you were working in breakout room 6, your filename should be: Week4-Team-6
rch Methods

Last Name Student ID# Team Number

ook to FOL: Submissions (Week-4: WayneCo Averages)

eek4-Team-Z where Z is your team/breakout room number
6, your filename should be: Week4-Team-6
Number
WayneCo Ltd.
Profit: May 2022

revenue Total Revenue = B2B Sales + Retail Sales

b2b Business-to-business sales
retail Retail sales
cost Total Costs
profits Profit = Revenue - Costs
units Number of units sold per month
covid Equals 0 if pre-pandemic; equals 1 during pandemic
obs year month time revenue b2b retail cost profit units
1 2018 1 Jan-18 42735 25615 17120 30395 12340 1000
2 2018 2 Feb-18 48000 34800 13200 34550 13450 975
3 2018 3 Mar-18 44000 31900 12100 32060 11940 1000
4 2018 4 Apr-18 49000 35525 13475 35285 13715 1025
5 2018 5 May-18 58000 42050 15950 41995 16005 1025
6 2018 6 Jun-18 54000 39150 14850 39050 14950 1100
7 2018 7 Jul-18 51500 37340 14160 37345 14155 1225
8 2018 8 Aug-18 55965 39875 16090 40025 15940 1200
9 2018 9 Sep-18 71735 51115 20620 51135 20600 1350
10 2018 10 Oct-18 52400 37340 15060 37315 15085 1400
11 2018 11 Nov-18 77500 56190 21310 56345 21155 1700
12 2018 12 Dec-18 101500 73590 27910 73275 28225 2350
13 2019 1 Jan-19 49000 29885 19115 35570 13430 925
14 2019 2 Feb-19 49000 35525 13475 35610 13390 975
15 2019 3 Mar-19 44500 27145 17355 32150 12350 1100
16 2019 4 Apr-19 71500 51840 19660 51815 19685 1375
17 2019 5 May-19 65630 46765 18865 46740 18890 1275
18 2019 6 Jun-19 60500 43865 16635 43650 16850 1400
19 2019 7 Jul-19 54500 39515 14985 39560 14940 1475
20 2019 8 Aug-19 72000 52200 19800 52160 19840 1500
21 2019 9 Sep-19 79875 56915 22960 56600 23275 1700
22 2019 10 Oct-19 83000 60175 22825 59915 23085 1700
23 2019 11 Nov-19 78000 56550 21450 56630 21370 2000
24 2019 12 Dec-19 81000 58725 22275 58530 22470 2125
25 2020 1 Jan-20 63595 45315 18280 45515 18080 1300
26 2020 2 Feb-20 57000 41325 15675 41555 15445 935
27 2020 3 Mar-20 41275 34980 6295 45780 -4505 705
28 2020 4 Apr-20 41005 34155 6850 45045 -4040 725
29 2020 5 May-20 39650 33605 6045 44130 -4480 705
30 2020 6 Jun-20 41535 33330 8205 44030 -2495 905
31 2020 7 Jul-20 48405 38835 9570 50825 -2420 1000
32 2020 8 Aug-20 44970 36080 8890 47395 -2425 830
33 2020 9 Sep-20 37075 29745 7330 38905 -1830 705
34 2020 10 Oct-20 44285 35530 8755 46740 -2455 770
35 2020 11 Nov-20 50850 39665 11185 52265 -1415 905
36 2020 12 Dec-20 49465 37185 12280 48635 830 840
37 2021 1 Jan-21 25775 18045 7730 31660 -5885 495
38 2021 2 Feb-21 31265 20885 10380 29075 2190 530
39 2021 3 Mar-21 32945 21065 11880 30665 2280 665
40 2021 4 Apr-21 30990 23690 7300 25780 5210 560
41 2021 5 May-21 41385 28970 12415 31665 9720 710
42 2021 6 Jun-21 45640 26950 18690 32990 12650 830
43 2021 7 Jul-21 42885 32555 10330 36005 6880 840
44 2021 8 Aug-21 64165 41925 22240 56705 7460 1105
45 2021 9 Sep-21 58405 44885 13520 54330 4075 1085
46 2021 10 Oct-21 70010 51225 18785 68950 1060 1360
47 2021 11 Nov-21 68910 45560 23350 70015 -1105 1255
48 2021 12 Dec-21 70025 47305 22720 63160 6865 1265
covid Example
0 $8,175
0 $9,095
0 $10,023
0 $10,905
0 $11,128
0 $11,929
0 $12,592
0 $13,493
0 $14,117
0 $14,269
0 $14,928
0 $15,209
0 $15,918
0 $16,672
0 $17,361
0 $17,882
0 $17,982
0 $18,538
0 $19,115
0 $19,613
0 $20,528
0 $20,579
0 $21,255
0 $21,625
0 $21,869
0 $21,948
1 $22,303
1 $22,441
1 $22,566
1 $22,682
1 $23,387
1 $24,369
1 $24,634
1 $24,813
1 $25,386
1 $26,353
1 $26,496
1 $26,639
1 $26,922
1 $27,267
1 $27,925
1 $28,683
1 $29,174
1 $29,891
1 $30,651
1 $31,045
1 $31,180
1 $31,984
Months Average Example
Jan $18,114.61
Feb $18,588.47
Mar $19,152.17
Apr $19,623.66
May $19,900.33
Jun $20,457.85
Jul $21,066.82
Aug $21,841.14
Sep $22,482.33
Oct $22,676.59
Nov $23,187.39
Dec $23,792.68
TOTAL $20,907.00

WayneCo 'Example': Top-3 Months

December $23,792.68
November $23,187.39
October $22,676.59

WayneCo 'Example': Bottom-3 Months

January $18,114.61
February $18,588.47
March $19,152.17