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A manufacturer of mp3 players surveyed 100 retail stores in

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A manufacturer of MP3 players surveyed 100 retail stores in each of the firm's sales regions. An analyst noticed that in the South Atlantic region the average retail price was $165 (mean) and the standard deviation was $30. In the Mid-Atlantic region the mean price was $170, with a standard deviation of $15. What do these statistics tell us about these two sales regions?

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The report illustrates about the stratified sampling technique to identify the market potential.It also identifies the benefits of the stratified sampling technique.Along with it, the report considers the standard deviation and its implication for sales determination of a product.The word count is 300. the referencing is in APA.

Reference no: EM13581768

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