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1. AVX stereo equipment, Inc., recently began a no hassles return policy. A sample of 500 customers who recently returned items showed 400 and thought
1. AVX stereo equipment, Inc., recently began a no hassles return policy. A sample of 500 customers who recently returned items showed 400 and thought the policy was fair, 32 thought it took too long to complete the transaction, and the rest had no opinion. On the basis of this information, make an inference about customer reaction to the new policy.
#36
36. The following chart summarizes the selling price of homes sold last month in the Sarasota, Florida, area. 250 100 200 75 150 Frequency 50 Percent 100 50 25 0 50 100 150 200 250 300 350 Selling Price ($000) a. What is the chart called? b. How many homes were sold during the last month? c. What is the class interval? d. About 75% of the houses sold for less than what amount? e. One hundred seventy-five of the homes sold for less than what amountStep by Step Solution
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