A researcher is interested in determining the average number of years of employee retention in a company. If past information shows a population standard deviation of 9 months, what sample size should be taken so that, at 95% confidence, the margin of error will be 3 months or less?
What will be an ideal response?
35
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Masspersonal communication is best reflected in which example?
a. the Obama campaign using text messages to announce campaign decisions b. the number of Facebook posts you had in one day c. the nightly news on a television channel you flipped to d. an engagement announcement at your parents’ house
Descriptive research is conducted for all of the following reasons except ________
A) to describe the characteristics of relevant groups, such as consumers, salespeople, organizations, or market areas B) to determine the degree to which marketing variables are associated C) to understand which variables are the cause and which variables are the effect of a phenomenon D) to determine the perceptions of product characteristics
Conversion cost is the sum of
A) direct materials cost and direct labor cost B) indirect labor cost and overhead cost C) product costs and period costs D) direct labor cost and overhead cost
A sole proprietorship was formed on January 1, Year 1, when it received $90,000 cash from Kaitlyn Conrad, the owner. During Year 1, the business earned $138,000 in cash revenues and paid $102,400 in cash expenses. Conrad withdrew $16,000 in cash during the year. Required: Prepare an income statement, capital statement, and balance sheet.
What will be an ideal response?