A store manager wants to determine if there is a relationship between the day of sale and the price of the item. The following data was obtained for the price of an item on particular days of the week. What is the expected value for a low priced item on Thursdays? ITT Low Medium High Mon 18 14 Tues 14 13 6 Wed 18 19 5 Thurs 27 23 11 Fri 34 27 12

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A store manager wants to determine if there is a relationship between the day of sale and the price of the item. The following data was obtained for the price of an item on particular days of the week. What is the expected value for a low priced item on Thursdays?
A store manager wants to determine if there is a relationship between the day of sale and the price of the item. The following data was
obtained for the price of an item on particular days of the week. What is the expected value for a low priced item on Thursdays?
Low
Medium
High
Mon
18
14
Tues
Wed
14
13
6
18
19
5
Thurs
27
23
11
Fri
34
27
12
Transcribed Image Text:A store manager wants to determine if there is a relationship between the day of sale and the price of the item. The following data was obtained for the price of an item on particular days of the week. What is the expected value for a low priced item on Thursdays? Low Medium High Mon 18 14 Tues Wed 14 13 6 18 19 5 Thurs 27 23 11 Fri 34 27 12
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