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A marketing researcher analyzing the fast-food industry noticed the following: The average amount spent at a fast-food restarant in California was $3.30, with a standard deviation of $0.40. Yet in Georgia, the average amount spent at a fast-food restaurant was $3.25, with a standard deviation of $0.10. What do these statistics tell you about fast-food consumption patterns in these two states?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M989626

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