Simple random sampling has been used to obtain a sample of size 60 from a population of size 700 . The sample mean was 500 with a standard deviation of 60
a. Estimate the standard error of the mean.
b. Develop an approximate 95% confidence interval for the population mean.
a. 7.4 (rounded)
b. 458.2 to 514.8
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Information from formal networks is __________ than information from informal networks.
a. less efficient and more accurate b. less efficient and less accurate c. more efficient and more accurate d. more efficient and less accurate
When, at the time of contracting, the goods are in the hands of a third-party bailee and are covered by a document of title, the risk passes to the buyer when he or she:
A. indulges in a breach of contract. B. receives the document of title. C. acknowledges the third-party bailee's right to possession. D. takes possession of the goods.
Telephone penetration is a serious consideration when doing international marketing research. In Great Britain telephone penetration is only about ________, although cell phone penetration is higher
A) 80% B) 10% C) 40% D) 96%
________ refers to the process of putting thought into symbolic form
A) Sending B) Encoding C) Decoding D) Receiving E) Feedback