The Coca-Cola Company has 40% of the cola market. The probability that a sample proportion for n = 30 falls within 0.10 of the true population proportion of 0.40, which represents the proportion of cola drinkers who prefer a Coca-Cola drink is:
a. 0.7372.
b. 0.3686.
c. 0.4599.
d. 0.9198.
e. not enough information given to make calculation.
A
You might also like to view...
Business professionals know that ________ is the attempt to change an audience's attitudes, beliefs, or actions
A) deception B) sales C) persuasion D) trickery E) marketing
One characteristic of incremental budgeting is that it
A. allows comparison using various units, like labor hours and dollars. B. is flexible toward changing environmental demands. C. allows easy comparison of different departments doing different activities. D. locks managers into stable spending arrangements. E. requires more time from managers than zero-based budgeting.
Which organizational strategy is described as an organization’s focus on stability and efficiency of their internal operations to protect their market from new competitors?
a. Defender b. First mover c. Prospector d. Analyzer
Which of the following statements about social responsibility is most accurate?
A. Social responsibility cannot be taught; it is an innate outgrowth of a person's moral and ethical belief system. B. The duty of an organization is most easily understood at the societal responsibility level. C. The three concepts of social responsibility are economic responsibility, internal social responsibility, and external social responsibility. D. Organizations are part of a larger society and are accountable to that society for their actions. E. Societal responsibility focuses on the obligations an organization has to its customers, employees, suppliers, and distributors.