Why is it important that tests used to gather information for advertising research be both valid and reliable?

What will be an ideal response?


The test must truly measure what it is intended to measure. The degree to which it accomplishes this goal determines its validity. For a test to have validity, results must be free of bias and reflect the true status of the market. In addition, the test must produce approximately the same results each time it is administered. When this goal is accomplished, the test is deemed reliable.

Business

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Starlight Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at $205 each. 11 units are sold on October 4. Using the perpetual LIFO inventory method, what is the value of inventory after the October 4 sale?

A. $3,445. B. $3,472. C. $3,485. D. $3,500. E. $3,461.

Business

A 6-month call option on Romer Technologies' stock has a strike price of $41.00 and sells in the market for $8.25. Romer's current stock price is $47.00. What is the exercise value of the option? Do not round your intermediate calculations. ?

A. $6.00 B. $6.06 C. $5.46 D. $7.32 E. $6.66

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______detracts recipients from the ability of recipients to communicate effectively due to full mailboxes and relevant emails being hidden among many unsolicited messages

Fill in the blank(s) with correct word

Business

Each trip that Colonial Adventure Tours offers has a number that uniquely identifies the trip

a. True b. False Indicate whether the statement is true or false

Business