The manager of a department store wants to determine what proportion of people who enter the store use the store's credit card for their purchases. What size sample should he take so that at 99% confidence the error will not be more than 8%?


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Business

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The best way to identify groups of similar customers is to segment customers on the basis of demographics, lifestyles, and usage behaviors

Indicate whether the statement is true or false

Business

Use the following information to answer the question below. The following accounts appear in the ledger of Sayre Corporation on December 31, 20xx: Preferred Stock $30,000 Common Stock 56,000 Additional Paid-in Capital, Preferred 7,000 Additional Paid-in Capital, Common 18,000 Retained Earnings 40,000 A balance sheet prepared on December 31, 20xx, would report total contributed capital of

a. $86,000. b. $93,000. c. $111,000. d. $151,000.

Business

Within his company, Greg has set up a system with inputs, outputs, transformation processes, and feedback. He utilizes a management style that varies according to the individual and environmental situation, with a strategy for minimizing errors by managing each stage of production. Greg is utilizing a _______ perspective.

A. historical B. classical C. qualitative D. contemporary E. behavioral

Business

For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $80,000; shipping expenses total 2% of sales; and miscellaneous selling expenses are $2,100 plus 1/2 of 1% of sales. Total selling expenses for the month of February are:

A) $185,650 B) $189,500 C) $196,100 D) $230,600

Business