Computer technology corporation dell recently acquired quest software, an it management software provider, in order to expand up
1 answer:
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Answer:
a) For this case we have quantitative data since we have frequencies per each category.
b) For this case is better use percentages since we have frequency counts per each
c) First we need to calculate the total for the frequencies:
respondents
For this case we can calculate the percentage like this:
d) For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.
The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.
So we can say that we don't have a general support for the claim.
Explanation:
For this case we have the following data given:
Number of respondents that they strongly agree with the statement = 44
Number of respondents that they somewhat agree with the statement = 130
Number of respondents that they somewhat disagree agree with the statement = 165
Number of respondents that they strongly disagree agree with the statement = 741
Part a
Do the responses for this statement provide categorical or quantitative data?
For this case we have quantitative data since we have frequencies per each category.
Part b
Would it make more sense to use averages or percentages as a summary of the responses for this statement?
For this case is better use percentages since we have frequency counts per each category so then not makes sense calculate averages for this case.
Part c
What percentage of respondents strongly agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving?
First we need to calculate the total for the frequencies:
respondents
For this case we can calculate the percentage like this:
Part d
For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.
The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.
So we can say that we don't have a general support for the claim.
Answer: The correct answer is option B; Add D2 to the right of D, showing an increase in demand and increase in equilibrium price.
Explanation: The demand for a commodity is usually affected either positively or negatively by some factors or determinants. Foremost among the factors of demand is price of the commodity. Other factors include;
(a) Price of substitute commodities
(b) Consumers preferences
(c) Population
(d) Weather conditions
(e) Advertising
In the question above, the use of a popular actor as the spokesperson of the product is a form of advertising that is intended to improve upon the perception of the commodity and hence encourage consumers to buy more of it. If the popular personality endorses a product, there is an almost one hundred percent likelihood that consumers would see the product as a preferred choice and this would cause the demand to go up or increase.
An increase in the market demand would be signified by the outward shift of the demand curve to the right from D to D2. Since the x-axis shows the quantity demanded increasing towards the right hand side, then an increase in market demand would be reflected by a shift of the demand curve to the right.
As a result of that, the price would now move from P to P2 which shows an increase in equilibrium price. Also the quantity demanded would move from Q to Q2 which also indicates an increase in demand.
