When the assumption of equally likely outcomes is used to assign probability values, the method used to assign probabilities is referred to as the _____ method.
A. relative frequency
B. subjective
C. probability
D. classical
Answer: D
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The heights (in inches) of 25 individuals were recorded and the following statistics were calculated mean = 70range = 20mode = 73variance = 784median = 74 The coefficient of variation equals
A. 11.2%. B. 1120%. C. 0.4%. D. 40%.
________ is the most used descriptive design in marketing research
A) Longitudinal design B) Exploratory design C) Cross-sectional design D) None of the above
As a result of ________, consumers do not remember all the information they see, read, or hear, even minutes after exposure to it.
A. selective retention B. selective exposure C. selective comprehension D. selective perception E. subliminal discrimination
The after-tax benefit of a taxable cash receipt can be calculated as follows:
A) After-tax benefit = Pretax receipt x tax rate B) After-tax benefit = Pretax receipt x (1 - tax rate) C) After-tax benefit = Pretax receipt x (1 + tax rate) D) After-tax benefit = Pretax receipt ¸ tax rate