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Recalculate the marketing cost function, removing the potential outlier. (Round variable cost to 2 decimal places, e.g. 52.75 and other answer to 0 decmial places,
Recalculate the marketing cost function, removing the potential outlier. (Round variable cost to 2 decimal places, e.g. 52.75 and other answer to 0 decmial places, e.g. 5,275.)
January February March April May June Sales Volume Total Marketing Costs 550,912 $82,796 390,836 $76,187 561,256 $83,004 543,000 $82,456 546,536 $82,484 552,672 $82,876Step by Step Solution
There are 3 Steps involved in it
Step: 1
To recalculate the marketing cost function by removing the potential outlier we first need to identify the outlier Given the data the outlier appears ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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