The net price factor if Kidzstuff.com ordered toys, games and video games from a vendor at a list price of $ 10 , 300 less trade discount of 25 / 15 / 12 .

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A retail chain is interested in determining whether a digital video point-of-purchase (POP) display would stimulate higher sales for a brand advertised compared to the standard cardboard point-of-purchase display. To test this, a one-shot static group design experiment was conducted over a four-week period in 100 different stores. Fifty stores were randomly assigned to the control treatment (standard display) and the other 50 stores were randomly assigned to the experimental treatment (digital display). Compare the sales of the control group (standard POP) to the experimental group (digital POP). What were the average sales for the standard POP display (control group)? What were the sales for the digital display (experimental group)? What is the (mean) difference in sales between the experimental group and control group? List the null hypothesis being tested. Do you reject or retain the null hypothesis based on the results of the independent t-test? Was the difference between the…

Answer 1

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Chapter 7.III, Problem 20RE

(a)

To determine

To calculate: The net price factor if Kidzstuff.com ordered toys, games and video games from a vendor at a list price of $10,300 less trade discount of 25/15/12.

(b)

To determine

To calculate: The net price of order if Kidzstuff.com ordered toys, games and video games from a vendor at a list price of $10,300 less trade discount of 25/15/12.

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