A chi-square test for goodness-of-fit is used to test whether or not there are any preferences among 3 brands of peas. If the study uses a sample of n = 60 subjects, then the expected frequency for each category would be:
A) 20
B) 30
C) 60
D) 33
A
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Suppose, the cost of production of a widget in Mexico is 5 pesos. Assume that initially the exchange rate between the peso and the dollar is 2 pesos per dollar. Later, the exchange rate changes to 2.5 pesos per dollar. In the initial situation, a widget sold in the U.S. would be priced at ____; after the change in the exchange rate, the widget would be priced at ____.
A. $2.50; $2.00 B. $2.50; $3.12 C. $0.50; $0.40 D. $0.40; $0.50
Which of the following refers to a closing technique used by salespeople?
A) asking customers for referrals B) developing solutions to customers' problems C) seeking out hidden objections D) reviewing points of agreement E) taking objections as opportunities to provide more information
WestJet was cited by the text as being able to develop a toehold in Western Canada through
A. an aggressive market entry and competitiveness. B. proceeding slow and steady. C. using American pilots. D. partnering with Air Canada.
In 2019, T Corporation changed its tax year from ending each April 30 to ending each December 31. The corporation earned $60,000 during the period May 1, 2019 through December 31, 2019. The annualized income for the short year is $90,000.
Answer the following statement true (T) or false (F)