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Mid-atlantic region the mean price

A manufacturer of MP3 players surveyed one hundred retail stores in each of the firm sales regions. An analyst noticed that in the South Atlantic region the average retail price was $165(mean) and the standard deviation was $30. However, in the Mid-Atlantic region the mean price was $170, with standard deviation of $15. What do these statistics tell about the two sales region?

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Finance Basics: Mid-atlantic region the mean price

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Mid-atlantic region the mean price

Reference No:- TGS0687413

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : How is inventory turnover calculated

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Mid-atlantic region the mean price

Reference No:- TGS0687413

Recent Questions Asked Finance Basics

Q : How is inventory turnover calculated

Q : Problem of overplotting in data visualization

Q : What is the final kinetic energy of the nucleus

Q : Which results in the highest inventory balance

Q : Mid-atlantic region the mean price

Q : Describe a schedule of expected cash collections

Q : Biotic and abiotic factors

Q : How does each affect cost of goods sold

Q : Committed copyright infringements

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