The manager at a Whole Foods Market is responsible for managing store inventory. The mathematical models that
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The manager at a Whole Foods Market is responsible for managing store inventory. The mathematical models that she uses to determine how much inventory to stock rely on product demand being normally distributed. In particular, the weekly demand of sriracha chili kale chips at a Whole Foods Market store is believed to be normally distributed. Use a goodness of fit test and the following data to test this assumption. Use α = .10.
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Statistics For Business & Economics
ISBN: 9781337901062
14th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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