According to Investment Digest, the arithmetic mean of the anual return for common stocks over an 85-year period was 9.5%, but the value of the variance was not mentioned. We do know that 20% of the annual returns were below 8%. Assume that this distribution is nomal. 70% of the annual returns will be higher than what value?

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.