Manufacturer of digital audiotape players


Discussion:

A manufacturer of digital audiotape players surveyed 100 retail stores in each of his sales regions. An analyst noticed that in the SouthAtlantic region the average retail price was $165 (mean) and the standard deviation $30. Though, in the Mid-Atlantic region the mean price was $170 with a standard deviation of $15.

Q: What do these statistics tell us about these two sales regions?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Manufacturer of digital audiotape players
Reference No:- TGS01893121

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)