28 



MASS. EXPERIMENT STATION BULLETIN 389 



Table 19. — A Comparison of Prices Received by Shippers in Three Sample 

 Areas of the Springfield-Holyoke-Chicopee Milkshed in 1935 



Price 

 Characteristic 



All 

 Areas 



Area 



2 



Area 

 6 



Area 

 12 



Range 



Between 



Areas 



.Actual Net Price 



Highest $3 . 24 $3 . 24 



Lowest 1 . 64 1.78 



Mean 2.49 2.47 



Standard Deviation 26 .28 



Modal Group* Limits 2.15 2.15 



to to 



2 . 84 2 . 84 



Percentage in Modal Group. 83.6'^f 81.3% 



Range within Areas $1.60 $1.46 



3.7 Net Price 



Highest $3 . 24 $3 . 24 



Lowest 1.70 1.92 



Mean 2.45 2.45 



Standard Deviation 25 .28 



Modal Group* Limits 2.15 2.15 



to to 



2.73 2.84 



Percentage in Modal Group 78.5% 80.0% 



Range within Areas $1.54 $1.32 



3.7 F.O.B. Price 



Highest $3 . 29 $3 . 29 



Lowest 2.05 2.19 



Mean 2.73 2.71 



Standard Deviation 26 .30 



Modal Group* Limits 2.38 2.38 



to to 



3.08 3.08 



Percentage in Modal Group 83.6% 73.3% 



Range within Areas $1.24 $1.10 



♦Established clas^-es within which the Mean plus the Standard Deviation falls. 



