To see if any geographical pricing differences exist, the cost of a basic-cable TV package was determined
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To see if any geographical pricing differences exist, the cost of a basic-cable TV package was determined for a random sample of six cities, three in the southeast and three in the northwest. Monthly charges for the southeastern cities were $13.20, $11.55, and $16.75; residents in the three northwestern cities paid $14.80, $17.65, and $19.20.
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First recall that a basic cable TV package consists of local and national channels and payperview as ...View the full answer
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