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A manufacturer of MP3 players surveyed one hundred retail stores in each of the firm sales regions. An analyst noticed that in the South Atlantic region the average retail price was $165(mean) and the...

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A manufacturer of MP3 players surveyed one hundred retail stores in each of the firm sales regions. An analyst noticed that in the South Atlantic region the average retail price was $165(mean) and the standard deviation was $30.However, in the Mid-Atlantic region the mean price was $170, with standard deviation of $15. What do these statistics tell about the two sales region?
Answered Same Day Dec 29, 2021

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Robert answered on Dec 29 2021
117 Votes
A manufacturer of MP3 players surveyed one hundred retail stores in each of the firm sales regions. An analyst noticed that in the South Atlantic region the average retail price was $165(mean) and the standard deviation was $30.However, in the Mid-Atlantic region the mean price was $170, with...
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