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Orlov [11]
3 years ago
12

You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu. If you

are worried about the "representativeness" with your control group, a poor comparison menu item would be a. ​soft drink sales b. ​the bacon-lettuce-and-tomato sandwich c. ​the regular cheeseburger d. ​the bacon burger without cheese
Business
2 answers:
maw [93]3 years ago
6 0

Answer: a. ​soft drink sales

Explanation: A poor comparison item would be the soft drink sales. For a sample unit to be representative, all of the elements in a population should have the same chance to be part of the larger sample. A representative sample is a subset of a population that seeks to accurately reflect the characteristics of the larger group. All other options are in a way similar to the bacon cheeseburger except soft drink sales. Therefore it is not representative of the whole.

Tasya [4]3 years ago
5 0

Answer:A

Explanation:

A soft drink will definitely be a poor comparison menu because it initially started the experiment with a bacon cheeseburger. From the experiment, it doesn't correlate with the representativeness.

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True or false: zappos sells all four categories of consumer products (convenience, shopping, specialty, unsought)
oee [108]

True: Zappos sells all four categories of consumer products (convenience, shopping, specialty, unsought).

Zappos carries products that are speciality and unsought by consumers.  Using their website, you are able to conveniently order your products with customer service readily available to help. Zappos is convenient because they carry a wide-range of products, brands and styles. They have free shipping and free returns all year, which is something most retailers do not offer.

6 0
3 years ago
Read 2 more answers
If the Dow Jones Industrial Average is 3.2% down that means that: Question 10 options: The stocks of all the companies in Dow Jo
Vera_Pavlovna [14]

Answer:

b). The average value of the 30 blue-chip stocks is down by 3.2%.  

Explanation:

'Dow Jones Industrial Average' also known as 'DJIA' is characterized as the standard indicator to denote the stock-market prices of the shares of the major companies associated with blue-chip in the United States.

As per the question, a down or fall in DJIA by 3.2% would indicate that the stock prices of the companies trading with 'blue-chip' have faced a reduction in their share prices by 3.2% for that day. So, this allows the investors to keep a check on the stock prices and invest accordingly whenever they find it profitable. Thus, <u>option b</u> is the correct answer as the other options fail to convey this idea rather they either talk about the loss of value instead of decrease(in options a and c) or disassociates the entire concept with the stock market(in option d).

5 0
2 years ago
What is the term that defines how recently a customer purchased items?
KatRina [158]
The answer is recency. This part of the RFM model. It is a marketing investigation tool used to classify a firm's best customers by calculating definite factors.

The RFM model is founded on three quantitative factors which are:

Recency - How recently a customer has made an acquisition or purchase of productFrequency – How frequent or often a customer makes a purchaseMonetary Value - How much cash a customer spends on purchases

RFM analysis often sustains the marketing saying that "80% of business comes from 20% of the customers."
6 0
3 years ago
Assume that an individual puts $10,000 into a savings account that pays 3% interest, with interest being compounded monthly. The
Lemur [1.5K]

Answer: $11,620

Explanation:

A=P(1+r/n)^nt

A=$10,000(1+0.03/12)^12×5

A=$10,000(1+0.0025)^60

A=$10,000(1.0025)^60

A=$10,000(1.162)

A=$11,620

Note: A= Future value

P= principal

r=Interest rate

n= no.of time Interest is compounded

t= time money is invested.

6 0
2 years ago
What is the input, conversion, and output of operating a summer band camp?
sesenic [268]
<span>Input is the object, the material, the information, land, equipment, money, knowledge we  fed into a process. 
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In our case the final product is operating a summer band camp. The input are materials, buildings (where the camp will be located), hiring staff, but also non-material things -advertising for example. The conversion is rebuilding, interviewing staff.. and the output is opened summer band camp, satisfied customers and hired staff . </span>
7 0
3 years ago
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