In 1998, the food, drink, and tobacco sector of the U.S. economy did not fare well. Forbes
Question:
In 1998, the food, drink, and tobacco sector of the U.S.
economy did not fare well. Forbes (Jan. 11,1999) reports the sales growth of a sample of 12 companies from that sector.
a. Find the mean and standard deviation of the sales growth data.
b. Find the z-scores for Coca-Cola, Flowers Industries, and Smithfield Foods.
c. Using the z-scores from part
b, describe the location of each of the three companies within the sample of sales growths.
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Related Book For
Statistics For Business And Economics
ISBN: 9780130272935
8th Edition
Authors: James T. McClave, Terry Sincich, P. George Benson
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