Business, 17.07.2020 01:01 perezsamantha3oqr0za
Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 40 manufacturing companies. Estimate the mean, median, and standard deviation of advertising expense.
Advertising Expenditure ($millions) Number of companies
$20 to under $30 9
30 to under 40 13
40 to under 50 21
50 to under 60 18
60 to under 70 14
Total 75
Answers: 3
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Advertising expenses are a significant component of the cost of goods sold. Listed below is a freque...
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