A senator wants to estimate the mean age of registered voters in her state. Unfortunately, she does not have a complete list of households in her state. Describe a sampling plan that would be suitable for her purposes
Use cluster sampling, where each city block is a cluster. Select a certain number of state counties at random, then for each city block selected, sample each household in that county.
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The data presented below for Pharma Corp is for the year ended December 31, 2015: Sales (100% on credit) $1,400,000 Sales returns 30,000 Accounts Receivable (December 31, 2015) 170,000 Allowance for Doubtful Accounts [Cr. Balance] (Before adjustment at December 31, 2015) 1,300 Estimated amount of uncollectible accounts based on aging analysis 14,000 See the data for Pharma Corp If Pharma Corp
estimates its bad debt to be 1% of net credit sales, what will be the balance in the Allowance for Doubtful Accounts account after the adjustment for bad debts? a. $12,400 b. $13,700 c. $14,000 d. $15,000
Errors in the research process that pertain to anything other than sampling are referred to as non-sampling errors
Indicate whether the statement is true or false
Mrs. Baird's introduced a new bread made with light whole wheat and packaged in smaller loaves as a response to the number of health-conscious customers who live alone. In this case, Mrs. Baird's was most likely following the ________.
A. selling concept B. production concept C. marketing concept D. customer concept E. retailing concept
Copy thrust is what the words and illustrations of an advertisement should communicate.
Answer the following statement true (T) or false (F)