All of the following are mentioned in the text as disadvantages that are related to unstructured questions EXCEPT:
A) respondent response limitations.
B) recording error.
C) data coding.
D) added complexity of analysis.
E) A and D
A
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A product-market is one in which
A. one seller has a monopoly and there is no competition. B. products from different industries compete for customers by trying to satisfy the same basic need. C. price is the determining factor in deciding which brand to buy. D. all the customers want the exact same product but will consider a substitute if their preferred brand is not available. E. None of these answers is correct.
What is the 95% confidence interval width for a sample with a mean of 50 and a standard deviation of 14 based on 75 observations?
Two hundred simulation runs were completed using the probability of a machine breakdown from the table below. The average number of breakdowns from the simulation trials was 1.93 with a standard deviation of 0.20. No. of breakdowns per week Probability Cumulative probability 0 .10 .10 1 .25 .35 2 .36 .71 3 .22 .93 4 .07 1.00 A) (44.13, 55.87) B) (46.83, 53.17) C) (40.67, 59.32) D) (48.22, 51.78)
Using sales reps who are paid a straight commission is similar to using manufacturers' reps.
Answer the following statement true (T) or false (F)
The risk of an investment in a Eurodollar deposit is partially due to ________
A) the fact that the center of the Eurodollar market is in London B) the fact that the majority of these deposits are not in the form of U.S. dollars C) the presence of some foreign exchange risk D) the fact that these instruments only pay interest at maturity