One of the leading dot-com companies has found that the proportion of customers who come into its Web site that actually makes a purchase is 0.045
The company plans to see whether this rate still holds by selecting a random sample of 200 hits on its Web site. Given that the 0.045 rate still applies, what is the standard deviation of the sampling distribution?A) Approximately 0.0147
B) About 0.0002
C) About 0.0354
D) Can't be determined without knowing the mean.
A
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Answer the following statement true (T) or false (F)
The data below is for Benton Corporation for 2016. Accounts Receivable—January 1, 2016 $334,000 Credit sales during 2016 850,000 Collections from credit customers during 2016 725,000 Customer accounts written off as uncollectible during 2016 12,000 Allowance for Doubtful Accounts [Credit Balance] (After write-off of uncollectible accounts) 1,700 Estimated uncollectible accounts based on an
aging analysis 13,200 Refer to the data for Benton Corporation. If the aging approach is used to estimate bad debts, what should the balance in the Allowance for Doubtful Accounts be after the bad debts adjustment? a. $26,900 b. $14,900 c. $13,200 d. $11,500
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Answer the following statement true (T) or false (F)
In a short essay, list and discuss the four primary scales of measurement. Include an example of how each scale of measurement is used in marketing research
What will be an ideal response?