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OlgaM077 [116]
2 years ago
6

A marketing manager must decide on the size of the survey sample to be used in order to estimate the proportion of customers who

are aware of her brand. She wishes to estimate this proportion to within 10 percentage points with 88% confidence. If the manager guesses that the proportion of aware customers is roughly 30%, what is the size of the sample that must be used
Business
1 answer:
Andrej [43]2 years ago
3 0

The size of the sample that must be used is 264. The correct sample size is 264. Read below about how to arrive at the sample size.

<h3>What is the sample size that must be used?</h3>

p′ = x / n where x represents the number of successes and n represents the sample size. The variable p′ is the sample proportion and serves as the point estimate for the true population proportion.

Then, it follows that,

p= 30/10 x 88 = 264

Therefore, the correct answer is 264.

learn more about population proportion: brainly.com/question/4300488

#SPJ11

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A procurement policy within the work frame is the set of regulations that establishes boundaries on the purchase of assets for the company's employees. Its main role is to ensure those purchases adjust to the needs of the organization so that the company can add value to its operations.

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The management software for your sound card has just downloaded and installed the latest driver for your sound card. After a reb
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The Roll Back Driver feature, available within Device Manager in all versions of Windows, is used to uninstall the current driver for a hardware device and then automatically install the previously installed driver.

3 0
3 years ago
What is a marketing strategy in which the focus is on small but profitable market segments?
Goryan [66]

Niche marketing strategy is a marketing strategy in which the focus is on small but profitable market segments.

Niche marketing is defined as the strategy of channelizing  all the marketing efforts towards one well-defined segment of the population. There is one important thing to understand that ‘niche’ does not exist, but  it is created by a smart marketing technique and identifying what the customer wants.

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To know more about niche marketing here:

brainly.com/question/27940470

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3 0
1 year ago
、HowTotalRevenueChangesWhenPriceChanges?PleaseusetheElasticityandDemand 订curvetoexplainit.​
Yakvenalex [24]
If price changes by a larger percentage than quantity demanded (i.e., if demand is price inelastic), total revenue will move in the direction of the price change. ... Demand is unit price elastic, and total revenue remains unchanged. Quantity demanded falls by the same percentage by which price increases.
6 0
3 years ago
WeeBee Company has three assembly labor dassifications: 5-1, S-2, and S-3. The three dassifications are paid $16, $19, and $22 p
liq [111]

Answer:

b.use the S-2 employee

Explanation:

Calculation for the the most cost-effective solution

S-1 S-2 S-3

Time for 1 unit (in minutes) 30 24 21

Units in 1 hour 2 2.5 2.857142857

(60/30= 2)

(60/24=2.5)

(60/21=2.857142857)

Wages per hour $ 16.00 $ 19.00 $ 22.00

Wages per/ unit $ 8.00 $7.60 7.70

($ 16.00/2=$8)

($ 19.00/2.5=$ 7.60)

($ 22.00/2.857142857=$ 7.70)

Ranking

S-1 $ 8.00 III

S-2. $7.60 I

S-3 7.70 II

Therefore based on the above Calculation the most cost-effective solution will be to use the S-2 employee

4 0
2 years ago
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