Given that a customer purchased the brand Cessy in the present year (year 1), determine the probability that a customer will purchase Fret in year 3

What will be an ideal response?


Answer: .52

Business

You might also like to view...

A customer touch point is the time when the customer makes a purchase

Indicate whether the statement is true or false

Business

The general ledger account for Accounts Receivable shows a debit balance of $25,000 . Allowance for Uncollectible Accounts has a credit balance of $1,500 . Net sales for the year were $250,000 . In the past, 3 percent of sales have proved uncollectible, and an aging of accounts receivable resulted in an estimate of $10,000 of uncollectible accounts receivable. Using the percentage of net sales

method, the entry to record the Uncollectible Accounts Expense is: a. Uncollectible Accounts Expense 6,000 Allowance for Uncollectible Accounts 6,000 b. Uncollectible Accounts Expense 7,500 Allowance for Uncollectible Accounts 7,500 c. Uncollectible Accounts Expense 9,000 Allowance for Uncollectible Accounts 9,000 d. Uncollectible Accounts Expense 10,000 Allowance for Uncollectible Accounts 10,000

Business

Although having something to eat or drink may be a want, the desire for a specific brand name is referred to as a need

Indicate whether the statement is true or false

Business

________ are most likely to be outsourced to the lowest bidder.

A. Routine skills B. Systems thinking C. Ability to experiment D. Ability to collaborate E. Abstract reasoning skill

Business