The managers for a sample of stores maintain that their businesses are doing better this year, despite

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The managers for a sample of stores maintain that their businesses are doing better this year, despite relatively flat sales. Their argument is that they’ve been able to reduce costs through more efficient staffing and inventory management. Using the data provided in the file, determine if the average weekly profits for one quarter increased for these stores over the past year (from year 1 to year 2). Do your results support the claim of the store managers?

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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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