The manager of a grocery store wants to determine what proportion of people who enter his store are his regular customers. What size sample should he take so that at 97% confidence the margin of error will not be more than 0.1?


118

Business

You might also like to view...

Portfolio models such as the BCG Portfolio matrix are limited in value because they only compare the SBU on four dimensions.

Answer the following statement true (T) or false (F)

Business

Traditionally, marketing activities have been divided into the four Ps: product, price, place, and promotion. The four Ps represent the

A. marketing channel. B. marketing mix. C. marketing implementation. D. marketing era. E. marketing plan.

Business

Working capital is:

a. the amount of money the firm has in the bank b. owners’ equity – liabilities c. cash + inventory d. owners’ equity + assets e. current assets – current liabilities

Business

The implied warranty of merchantability requires that the quality of the goods must pass without objection in the trade.

Answer the following statement true (T) or false (F)

Business