In a sample of 800 students in a university, 240 or 30% are Business majors. The 30% is an example of
a. a sample.
b. a population.
c. statistical inference.
d. descriptive statistics.
d
You might also like to view...
Marketing effectiveness rating instruments and marketing audits are approaches to ________
A) annual-plan control B) profitability control C) efficiency control D) strategic control E) statistical control
Using a perpetual inventory system, the entry to record the return of merchandise purchased on account includes a
A) debit to Cost of Merchandise Sold B) credit to Accounts Payable C) credit to Merchandise Inventory D) credit to Sales
The coordination of all activities related to production by providing consistent data to all participants involved in various stages of the production process is called ______.
A. manufacturing resource planning (MRP II) B. an extension of CRP C. CRP II D. batch manufacture
To drive its competitors out of a certain geographic segment of its market, Drones, Inc., sets the prices of its products below cost for the buyers in that area. This is
A. price-fixing. B. smart marketing. C. predatory pricing. D. price discrimination.