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After Adding 6 Points to Every Score in a Sample,the

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After adding 6 points to every score in a sample,the new mean is found to be M = 18.The mean for the original sample was M = 24.


Definitions:

Sales Forecast

An estimation of the revenue that a company expects to receive from the sale of goods or services in a future period.

Marketing Concept

The philosophy of a business in which the wants and needs of customers are determined before goods and services are produced.

Competitive Advantage

A situation or factor that gives a business a dominant or advantageous position over its rivals.

Marketing Strategy

A comprehensive plan formulated by businesses to achieve specific marketing objectives and targets over a specific time period.

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