A television ratings company surveys 100 viewers on March 1 and April 1 to find out what is being watched at 6:00 p.m.—the local NBC affiliate's local news, the CBS affiliate's local news, or "Other" which includes all other channels and not watching TV. The results show the following:
a. What are the numbers in each choice for April 1?
b. What is the transition matrix?
c. What ratings percentages do you predict for May 1?
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A ________ exists if both parties know the object of the contract but are mistaken as to its value
A) Mutual mistake of identity B) Mutual mistake of a material fact C) Unilateral mistake D) Mutual mistake of a value E) Unilateral mistake of value
A major negative about wearing a cell phone earpiece while interacting with a coworker is that it suggests that you ______.
A. may be spying on other conversations B. are bored with your job C. do not intend to remain fully engaged in your conversation D. are probably listening to music
On December 15 of the current year, Conrad Accounting Services signed a $40,000 contract with a client to provide bookkeeping services to the client in the following year. The client paid the entire $40,000 on the date the contract was signed. Which accounting principle would require Conrad Accounting Services to record the bookkeeping revenue in the following year and not the year the cash was received?
A. Going-concern assumption. B. Monetary unit assumption. C. Revenue recognition principle. D. Business entity assumption. E. Measurement (Cost) principle.
Off-price retailers differ from other discount stores in the merchandise they carry. While most other discounters offer a predictable assortment of merchandise, the styles and brands offered at off-price retailers change frequently because they buy only what is currently available at a good deal.
Answer the following statement true (T) or false (F)