Does data indicate that monthly sales have changed, Basic Statistics

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Does data indicate that monthly sales have changed

In the past, monthly sales for HOOPS, a small software firm, have averaged $20,000 with standard deviation $4000. During the last year sales averaged $22,000 per month. Does this indicate that monthly sales have changed (in a statistically significant sense)? Use 0.05. Assume monthly sales are normally distributed.

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Basic Statistics: Does data indicate that monthly sales have changed

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Basic Statistics: Does data indicate that monthly sales have changed

Reference No:- TGS0120373

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Does data indicate that monthly sales have changed

Reference No:- TGS0120373

Recent Questions Asked Basic Statistics

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