A sample of 200 commuters in Boston indicated that they commute an average of one hour and fifteen minutes per day. The standard deviation of the sample was 25 minutes. Compute the 95% confidence interval for the average commute time of the population (in minutes).

What will be an ideal response?


71.5 to 78.5

Business

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Rather than assuming that strategic options are bounded by the current environment, firms adopting a(n) ________ to the marketing environment develop strategies to change the environment

A) environmental stance B) proactive stance C) reactive stance D) relativist approach E) no-compromise approach

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An agent is not normally liable on a contract he makes with a third party on behalf of a(n):

a. undisclosed principal. b. disclosed principal. c. unidentified principal. d. All of these are correct.

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Use the information in Table 13.4. If Royal Flush decides to locate a warehouse at market D, what is the total load-distance score? (Use rectilinear distance.)

A) less than 400 B) between 401 and 450 C) between 451 and 500 D) more than 500

Business

_____ is the process that turns marketing plans into action assignments and ensures these assignments are executed in a way that accomplishes the plan's objectives.

A. Mechanistic control B. Strategic analysis C. Implementation D. Strategic planning E. Strategic design

Business