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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 20
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Suppose You Are Told That Sales This Year Are 20

Question 280

Question 280

Multiple Choice

Suppose you are told that sales this year are 20% higher than they were five years ago.What has been the annual average increase in sales over the past five years?


A) 5.2%
B) 4.7%
C) 4.2%
D) 3.7%

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