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Martinez Auto Supplies has retail stores located in eight cities in California. The price they charge for a particular product in each city varies because of differing competitive conditions. For instance, the price they charge for a case of a popular brand of motor oil in each city follows. Also shown are the number of cases that Martinez Auto sold last quarter in each city. City Price ($) Sales (cases) Bakersfield 34.99 501 Los Angeles 38.99 1425 Modesto 36.00 294 Oakland 33.59 882 Sacramento 40.99 715 San Diego 38.59 1088 San Francisco 39.59 1644 San Jose 37.99 819 Compute the average sales price per case for this product during the last quarter.

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STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884
BuyFind

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884

Solutions

Chapter
Section
Chapter 3.1, Problem 15E
Textbook Problem

Martinez Auto Supplies has retail stores located in eight cities in California. The price they charge for a particular product in each city varies because of differing competitive conditions. For instance, the price they charge for a case of a popular brand of motor oil in each city follows. Also shown are the number of cases that Martinez Auto sold last quarter in each city.

City Price ($) Sales (cases)
Bakersfield 34.99 501
Los Angeles 38.99 1425
Modesto 36.00 294
Oakland 33.59 882
Sacramento 40.99 715
San Diego 38.59 1088
San Francisco 39.59 1644
San Jose 37.99 819

Compute the average sales price per case for this product during the last quarter.

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Chapter 3 Solutions

STATISTICS F/BUSINESS+ECONOMICS-TEXT
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