Six hundred consumers belonging to the 25-34 age group were randomly selected in a city and were asked whether they would like to purchase a domestic or a foreign automobile. Their responses are given below.
Preference
Frequency
Domestic
240
Foreign
360
?
Develop a 95% confidence interval for the proportion of all such consumers who prefer to purchase domestic automobiles.

What will be an ideal response?


.3608 to .4392

Business

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Computer technology corporation Dell recently acquired Quest software, an IT management software provider, in order to expand upon its software expertise and offerings. Dell is pursuing a(n) ______ strategy.   

A. escalation B. growth C. stability D. merger E. defensive

Business

An attribute which does not represent true global partnership is:

A) achieving world leadership by differentiation. B) achieving a reciprocal relationship. C) relationship is organized vertical lines. D) continual transfer of resources. E) retaining national identities.

Business

For each of the following tests, state whether it is a test of details of account balances or a test of details of transactions. Then note for which property management assertion the test provides evidence.1. Test depreciation calculations for a sample of capital assets2. For assets written off, test amounts charged against income and accumulated depreciation3. Physically examine the capital asset additions4. Vouch transactions included in repairs and maintenance for items that should be capitalized5. Vouch significant additions and dispositions to vendor invoices or other supporting documentation6. Examine or confirm deeds or title documents for proof of ownership

What will be an ideal response?

Business

Retailers and their suppliers can regularly exchange information relating to inventory levels, delivery times, and unit sales through _____

a. marketing research b. electronic data interchange c. data-base management d. the Universal Product Code

Business