Part 1: to be completed in Excel®You manage the inventory for a car dealership. Data on current inventory can be found in the Week 2 Data Set. Management would like you to assess current inventory on the dealership lot.Using the Week 2 Data Set, create and calculate the following in Excel®:Create a pie chart which summarizes colors of the cars in the sample.Create a bar chart which summarizes the number of each of the models of cars in the sample.Create a frequency table for classes of MPG, including frequency and relative frequency for the cars in the sample.Calculate the mean Days in Inventory for the cars in the sample. Also, do the following:Compare the mean to the median and the mode. Highlight the value that would be a better representation of the "typical" price of a car in inventory.Calculate the standard deviation of the Days in Inventory for the cars in the sample. Calculate the 5 number summary for the suggested retail prices of the cars in the sample. This consists of the 1st, 2nd, 3rd, 4th quartile, and the IQRThis is the information for the Data Set Sample Car # Color MPG Suggest Retail Price Option Package Days in Inventory 1 Grey 27.6 $ 24,390.00 LX 1 2 Grey 32.4 $ 21,780.00 Touring 10 3 Blue 33.2 $ 21,149.00 Touring 28 4 Black 34.7 $ 22,069.00 LX 21 5 Blue 27.2 $ 22,532.00 Touring 16 6 Blue 26.6 $ 20,345.00 Touring 22 7 Red 37.3 $ 22,112.00 EX 12 8 Silver 34.9 $ 21,289.00 Touring 23 9 Silver 29.6 $ 24,871.00 LX 15 10 Silver 32.3 $ 25,389.00 EX 8 11 Grey 31.9 $ 25,998.00 EX 28 12 Red 26.4 $ 19,713.00 LX 55 13 Black 34.8 $ 25,213.00 EX 2 14 Silver 35.9 $ 24,467.00 Touring 33 15 Black 34.6 $ 21,402.00 LX 17 16 Black 33.3 $ 20,351.00 LX 14 17 Grey 33.1 $ 23,732.00 Touring 1 18 Red 37.5 $ 24,558.00 Touring 2 19 Red 27.8 $ 19,167.00 LX 18 20 Red 36.1 $ 19,903.00 Touring 22 21 Blue 28.8 $ 22,140.00 Touring 19 22 Red 26.2 $ 22,180.00 EX 41 23 Silver 27.4 $ 23,120.00 Touring 33 24 Black 34.9 $ 19,837.00 Touring 21 25 Red 36.5 $ 24,666.00 EX 31 26 Red 26.3 $ 19,446.00 EX 35 27 Blue 31.4 $ 23,954.00 Touring 11 28 Blue 30.9 $ 21,201.00 LX 3 29 Red 27.4 $ 21,346.00 EX 26 30 Red 36 $ 19,406.00 EX 31

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