Jack Fuller believes that he has made a mistake in his sales figures for EM5 (Problem for
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Jack Fuller believes that he has made a mistake in his sales figures for EM5 (Problem for details). He believes that the average sales are 750 instead of 700 units. Furthermore, he estimates that 20% of the time, sales will be between 700 and 800 units. What effect will these changes have on your estimate of the amount that Jack should be willing to pay for market research?
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750 s still 200 1...View the full answer
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Related Book For
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
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