probability is about .95 that the 95% confidence interval will include the true population parameter. On the other hand, 2.5% of the time the highest value in the confidence interval will be smaller than the true value, while 2.5% of the time the smallest value in the confidence interval will be greater than the true value.
Just remember, low prices sell more quickly. When in doubt, go back to Step 1 and remind yourself WHY you are having a garage sale. Then, proceed with your pricing.Items sold for $1 sell much faster than those sold for $5 or more. For the best results, keep your prices in the $1 to $2 range.
In order to sell a car, a dealership has to advertise that car. No way around it. And with car dealers across the country spending over $7.2 billion dollars a year to market their inventory, itâs easy for marketing costs to get out of hand. In fact, in 2012 it cost dealers an average of $621 in marketing costs to sell one car! However, weâve been able to help bring that number all the way down to less than $12 per vehicle sold. Sounds crazy, but itâs true! Welcome to the industryâs first cost per acquisition: Digital AMMP.