Answer:
Step-by-step explanation:
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Answer:
An airline claims that the no-show rate for passengers is less than 5%. In a sample of 420 randomly selected reservations, 19 were no-shows. At α=0.01, test the airline's claim. State the sample percentage and round it to three decimal places.
State the hypotheses.
State the critical value(s).
State the test statistics.
State the decision
State the conclusion.
Answer: Market segmentation
Step-by-step explanation:
Market segmentation involves dividing people based on their consumption behavior and grouping those with similar consumption behavior together . Market segmentation helps to boost sales , increase profit and enables the business attend to the customers in a better way .
1) Take 18 and multiply it by 5 = 90
2) Then subtract 26 = 64
3) Then subtract 18 = 46
4) Then subtract 12 = 34
5) Then subtract 8 = 26
The answer is 26.