If a marketer wishes to determine whether there is evidence that average family income in a community exceeds $32,000:
a. either a one-tail or two-tail test could be used with equivalent results.
b. a one-tail test should be utilized.
c. a two-tail test should be utilized.
d. None of these choices.
B
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Which of the following is NOT a key component of the time management system?
a. priorities b. objectives c. plans d. budgets
The three parts of logical reasoning are a major premise, a minor premise, and a conclusion.
Answer the following statement true (T) or false (F)
It is important for many firms to identify their heavy users because of the rule that 20 percent of heavy users account for ________ percent of the total demand.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a disadvantage of the corporate form of business?
A) Ease of raising capital B) Double taxation C) Limited resources D) Limited liability