A low price usually results in higher sales, but there will be less profit per sale. ... TABLE 12.5.16 Price and Profit in Test Markets Price ($) Profit ($) 8 6,486 9 10,928 10 15,805 11 13,679 12 12,758 13 9,050 14 5,702 15 À109 h.
This edition features many examples and problems that have been updated with more recent data sets, and continues to use the ever-changing Internet as a data source.
Practical Business Statistics
The book fosters deep understanding of both how to learn from data and how to deal with uncertainty, while promoting the use of practical computer applications.
This allows future managers to know how to use and understand statistics. The text does this by using examples with real data that relate to the functional areas of business such as finance, accounting, and marketing.
Cram101 Just the FACTS101 studyguides give all of the outlines, highlights, notes, and quizzes for your textbook with optional online comprehensive practice tests. Only Cram101 is Textbook Specific. Accompanys: 9780072499056 9780072821253 .
This allows future managers to know how to use and understand statistics. The text does this by using examples with real data that relate to the functional areas of business such as finance, accounting, and marketing.