Exploring eBay auctions
It's time to finish up Chapter 1 by applying your newfound statistical skills to some eBay auction data! This dataset is a sample of 150 auctions which you will apply statistical functions to.
Let's say you want to start selling on eBay and need to know what types of auctions are popular. The goal here is to identify what items you should start selling and what your average revenue would be. As a seller, you are most interested in the "Close Price" column.
This exercise is part of the course
Introduction to Statistics in Google Sheets
Exercise instructions
- In cell
J3
, calculate the average closing price. - In cell
J6
, calculate the median closing price. - In cell
J9
, calculate the most frequently occuring closing price. - In cell
J12
, calculate the population standard deviation of the closing price column usingSTDEVP()
.
Hands-on interactive exercise
Turn theory into action with one of our interactive exercises
