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    Statistics for Business
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    Exam 2: Describing Data: Numerical
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    Suppose You Are Told That Sales This Year Are 30
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Suppose You Are Told That Sales This Year Are 30

Question 151

Question 151

Multiple Choice

Suppose you are told that sales this year are 30% higher than they were six years ago.What has been the average annual increase in sales over the past six years?


A) 5.0%
B) 4.5%
C) 4%
D) 3.5%

Correct Answer:

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