Answer:
Consumer Credit Legislation.
Explanation:
Consumer credit legislation demands that lenders provide potential borrowers with one or more measures of the cost of a loan.
The probability that two of the next three customers will make a purchaseis mathematically given as
P(1) =0.441
<h3>What is the
probability that two of the next three
customers will make a purchase?</h3>
Generally, the equation for Probablity is mathematically given as
A)
P(1) = 3 C 1 (0.3)^1 (0.7)^2
P(1) =0.441
B)
n=1000
E (x) =np = 1000x0.3
E (x) =3.00
C)
Variance= mpq
Variance= 300 x0.7
Variance= 210
In conclusion,
P(1) =0.441
E (x) =3.00
Variance= 210
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There are different kinds of group. Focus groups involve researchers secretly acting as consumers in order to gather data on the customer experience is a true statement.
<h3>What are Focus groups?</h3>
Focus groups are known to be an effective and popular market research methods that is often used.
They are known to be used to compile qualitative data and in-depth insights, they help researchers to collect a lot of information on anything from products and services to areas of beliefs and perceptions so as to show the true customer attitudes and opinions.
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<u>The answer is "No".</u>
Legal compliance is regarded as a moral minimum (The base level of moral conduct expected of a business firm, which is normally characterized as consistence with the law) the base worthy standard for moral business conduct.
Business firms are liable to broad government control, practically every activity a firm attempts.
Business chiefs need to continue with alert and assess and activity and its results from a moral point of view.
Unlike conventional mail, email can send your complaint
within minutes or seconds to the company.
This is the reason why use of email has become popular. The reaction to act on the complaint will
depend on the company. Sending an email
does not guarantee that they will act on it right away.
