A study is made by the recording industry in the United States of the number of music CDs owned by 25 senior citizens and 30 young adults. The information is reported below. Seniors 28 35 41 48 52 81 97 98 98 99 118 132 133 140 145 147 153 158 162 174 177 180 180 187 188 Young Adults 81 107 113 147 147 175 183 192 202 209 233 251 254 266 283 284 284 316 372 401 417 423 490 500 507 518 550 557 590 594 a. Find the median and the first and third quartiles for the number of CDs owned by senior citizens. Develop a box plot for the information. b. Find the median and the first and third quartiles for the number of CDs owned by young adults. Develop a box plot for the information. c. Compare the number of CDs owned by the two groups.

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

An instance where sellers should work to keep relationships with customers is when they instance where selllars should work to keep relationships with customers is when they feel that the product