Consumers are randomly selected and asked to try one of three products and then give it a score between 1 and 10, with a higher score being better. Which test would you use to determine if the product evaluations differed?
a. A chi-square test
b. A test of proportions
c. Kruskal-Wallis test
d. Wilcoxon rank sum test
c
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The owner of NOP Detergents is working with an art designer on the label for a new line of naturally- scented detergents. They are trying to come up with the best way to place the brand and logo along with the other required information on the label. They are working on the ________ requirements of labeling.
A. legislative B. marketing C. legal D. industry E. consumer
Which of the following is a short-term loan to the U.S. Treasury and has a maturity date of one year or less?
a. commercial paper b. certificates of deposit (CDs) c treasury bills d. unsecured loans e. debentures
Julia, a world-famous chef, signs a contract to give lessons in French cooking to Kyle. Julia wants to transfer her duties under the con¬tract to Leila, a short-order cook at Mom's Café. The transfer is
a. valid because the performance required is of a nonpersonal nature. b. valid if Leila is a highly regarded short-order cook. c. not valid because performance depends on Julia's personal skills. d. not valid if Kyle does not hold Leila in high regard.
In-home personal interviews:
A. offer high-quality data at high cost B. offer the ability to obtain high-quality data at low cost C. are becoming increasingly more popular D. are less expensive than mall intercepts E. offer information of moderate quality, but at a low cost