Question
A manufacturer of MP3 players surveyed one hundred retail stores in each of the firm's sales regions. An analyst noticed that in the South Atlantic
A manufacturer of MP3 players surveyed one hundred retail stores in each of the firm's sales regions. An analyst noticed that in the South Atlantic region the average retial price was $165 (mean) and the standard deviation was $30. However, in the Mid-Atlantic region the mean price was $170, with a standard deviation of $15. What do these statistics tell us about these two sales regions?
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College Accounting Chapters 1-12
Authors: Douglas McQuaig
10th Edition
1439038783, 978-1439038789
