If the critical value is the only thing of interest, then this question is quite easy. Referencing a z table, you look up the percentage of interest: in this case, we must be 97.5% certain in order to accept the null hypothesis (significance level =2.5%. The number that corresponds to .9750 on the z table is 1.96. This is our critical value.
Answer:
The correct answer is the last option: Escalation of commitment.
Explanation:
To begin with, the concept known as "Escalation of commitment" in the field of business management and behavioral science refers to the behavioral pattern that an individual has when it faces against a bad decision or situation and after that the person continues to having the same behavior so therefore it stays believing the same even though the increasingly negative outcome keeps on coming. That is why that in this case presented, Jake believes that at the long term the new product will have success even thought that now only bad numbers have been shown to the company.
Answer:
c. Economists devise theories, collect data, and analyze the data to test the theories
Explanation:
Economists use past data to predict the future.
They make use of sound economic theory instead of rule of thumb to predict the future.
I hope my answer helps you
Answer:
metro area in the north
Explanation:
more business and big cities like new york (just an example)
Answer:
The closing that best expresses a desire to satisfy the customer and signals confidence that the problem has been resolved is:
b. Thanks again for writing. Your satisfaction is our utmost goal. We hope that the new bag will help you get over your disappointment and the inconvenience of buying a defective product. As I said before, such flaws are extremely rare.
Explanation:
The closing of 'a' in this case sounds unbusinesslike, to say the least. It is very much unlike the closing of 'b' which is very apt. The customer should never be made to appear to be at fault for patronizing our products. The customer's satisfaction should be the utmost guide for maintaining correct customer services. Trying to attribute a product's fault to a customer is totally wrong and sounds unprofessional. Finally, option 'c' lacks basic customer service courtesy as it appears to be a command directed to the customer.
