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Mathematics, 01.06.2021 15:40 shookie1993

Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 63 manufacturing companies located in the Southwest. The mean expense is $50.63 million and the standard deviation is $11.48 million. Is it reasonable to conclude the sample data are from a population that follows a normal probability distribution?

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Advertising expenses are a significant component of the cost of goods sold. Listed below is a freque...
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