A company advertised that, on the average 96% of their customers reported very high satisfaction with their

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A company advertised that, on the average 96% of their customers reported "very high satisfaction" with their services. The actual percentages reported in 15 samples were the following:

96,96,92,35,74,96,92,74,96,96,35,92,92,96,35

a. find the mean, median, mode and midrange

b. which measure of central tendency was given in the advertisement ?

c. which measure of central tendency is the best indicator of the "average" in this situation?

Related Book For answer-question

Management Accounting Information for Decision-Making and Strategy Execution

ISBN: 978-0137024971

6th Edition

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

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Posted Date: Dec 10, 2022 05:58 AM

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A company advertised that, on the average 96% of their customers reported very high satisfaction with their

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Management Accounting Information for Decision-Making and Strategy Execution

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