Annual grow th rates for individual firm s in the toy industry tend to fluctuate dramatically, depending

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Annual grow th rates for individual firm s in the toy industry tend to fluctuate dramatically, depending on consumers'

tastes and current fads. Consider the follow ing grow th rates (in percent) for tw o companies in this industry, Hasbro and Mattel. R-96

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a. Use the geom etric mean to calculate the average grow th rates for each firm .

b. Use the standard deviation to evaluate the variability for each firm .

c. W hich com pany had the higher average grow th rate?
W hich company's grow th rate had greater variability?

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Business Statistics Communicating With Numbers

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Authors: Kelly Jaggia

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Question Posted: Sep 19, 2024 09:02 PM

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Annual grow th rates for individual firm s in the toy industry tend to fluctuate dramatically, depending

Question:

Year 2005 2006 2007 2008 2009 Hasbro 3.0 2.1 21.8 4.8 1.2 Mattel 1.5 9.1 5.7 -0.1 -8.2

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Business Statistics Communicating With Numbers

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