The Net Annual Sales of a Sample of Small Retail

question 70

Multiple Choice

The net annual sales of a sample of small retail clothing stores were organized into the following relative frequency distribution. What is the mean net sales (in $millions) ?

• A) $7.09
• B) $10.09
• C) $8.59
• D) Mean cannot be computed

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Definitions:

Cause Promotions

When an organization provides or donates money to support or increase awareness and concern for a cause or charity.

Corporate Philanthropy

Direct contribution to a charity or cause.

Cause-Related Marketing

A marketing strategy where businesses partner with non-profit organizations to promote a social cause or charity, often to enhance their brand's image while contributing to a good cause.

Cause Promotions

Marketing efforts undertaken to support a social cause or to advocate for a public issue.