When estimating a population parameter by using a sample statistic, the ________ is the desired size of the estimating interval. This is the maximum permissible difference between the sample statistic and the population parameter

A) statistic
B) precision level
C) finite population correction
D) parameter


B

Business

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Pyro Electronics was the only supplier of Torin Auto, and both companies wanted to do more business together. Pyro Electronics worked on its total quality management system and acquired more business, while Torin developed a just-in-time inventory management system to deliver goods timely to Pyro Electronics. Pyro Electronics and Torin have developed a ________.

A. strategic partnership B. hierarchical relationship C. functional relationship D. market exchange alliance E. relational partnership

Business

________ occurs when a manufacturer undertakes retailing and wholesaling activities.

A. Forward integration B. Exclusive dealing C. Merchandising D. Backward integration E. Horizontal integration

Business

Macy's department stores carry a wide range of product lines, including clothing, jewelry, kitchenware, and home furnishings Macy's typically charges a relatively high markup, but also holds frequent sales, in particular offering discounts to customers who use a Macy's credit card. These are examples of Macy's adjusting the ________ element of the 4 Cs of the marketing mix.

A) customer value B) cost C) convenience D) channel E) credit

Business

The _____________ movement that started in New York City in 2011 has brought the problem of 21st century economic and social inequality into the public consciousness.

Fill in the blank(s) with the appropriate word(s).

Business