In a sample of 800 students in a university, 160, or 20%, are Business majors. Based on the above information, the school's paper reported, "20% of all students at the university are Business majors." This report is an example of _____
a. a sample
b. a population
c. statistical inference
d. descriptive statistics
c
You might also like to view...
Type I error occurs when the sample results lead to the rejection of the null hypothesis when it is in fact true
Indicate whether the statement is true or false
Not tracking and responding to demographic changes is a management failure because the data are easy to obtain and major changes occur slowly.
Answer the following statement true (T) or false (F)
Before composing a business document, you should gather information that will answer which of these questions?
A) Will I have enough time to complete thorough research? B) What is the receiver to do? C) What information will be the easiest to locate? D) How will I use this information?
A macro-marketing system should
A. depend solely on a society's political institutions. B. match supply and demand and accomplish a society's objectives. C. provide everyone with the same goods and services. D. be part of a market-directed economy, not a command economy.