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

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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 using STDEVP().

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