Solution: Revenues reported last week from nine shops franchised by an international Clothier averaged $59,540 with a standard deviation of $6,860. Based
Question:
Revenues reported last week from nine shops franchised by an international Clothier averaged $59,540 with a standard deviation of $6,860. Based on these figures, in what range might the company expect to find the average revenue of all shops? Include all your assumptions.
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