Question: A company is trying a new product line in a
A company is trying a new product line in a random sample of stores.Previously; the average of sales at all stores was $5,000 a week. Weekly sales at the stores trying out the new product line were recorded, with the results shown in Exhibit 3.50 below.
Calculate appropriate measures of central tendency and variability for this data set. Would it be appropriate to apply the Empirical Rule to this data set? If so, almost all of the sales would be in what range?
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