Answer the following statement(s) true (T) or false (F)
The correlation coefficient can only be used for one-tailed tests.
ANS:F
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A method of assigning probabilities based upon judgment is referred to as the _____ method.
A. relative B. probability C. classical D. subjective
During the ________ step of the selling process, the salesperson tells the value story to the buyer, showing how the company's product or service solves the customer's problems
A) prospecting B) preapproach C) presentation D) closing E) follow-up
Even though customers' needs are constantly changing, once the service desk has developed effective processes, they will continue to be effective; analysts just need to focus on keeping their technical skills up to date.
Answer the following statement true (T) or false (F)
Scenario 11.1 Use the following to answer the questions. Cheetos Fat-free Crunchies is a product developed through advanced technology. Cheetos engineered a technique for making reduced-fat snacks that taste cheesier and stay fresh longer. Cheetos introduced Fat-free Crunchies in limited markets in 2012 and began national distribution in 2013. About 18 months later, a series of competitors' ads was run claiming that Cheetos Crunchies actually contained 1.5 grams of fat, and that they contained preservatives and additives. Research showed that the taste of Cheetos Crunchies was also perceived negatively by some people. To save the product, Cheetos reduced the remaining fat to 0 grams, took out the preservatives, and improved the taste. Refer to Scenario 11.1. Cheetos produces several
cheese snack products and is considering a new Cheetos brand of crackers. This new Cheetos brand of crackers would most likely be an example of A. a product modification. B. a line extension. C. a quality modification. D. a functional extension. E. an aesthetic modification.