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Georgia [21]
3 years ago
12

Data generalizability is the: A) degree to which the data is an accurate portrait of the target population. B) degree to which a

specific question or investigated issue leads the respondent to give a socially expected response. C) level of preparation required to create an appropriate environment for the respondent. D) degree to which respondents share certain similarities. E) percentage of the general population that is the subject of the market research.
Business
1 answer:
il63 [147K]3 years ago
8 0

Answer:

The answer is: A) degree to which the data is an accurate portrait of the target population.

Explanation:

To explain data generalizability I like to use election polls as an example. There are over 200 million voters in the US, and polls only cover a few thousands of voters, it is impossible to survey the whole population. Data generalizability refers to how well does the election polls reflect the real outcome of an election. Can the data sample used in the polls serve as a true parameter to know the real outcome of the election? Some polls are accurate and others aren't, accurate polls have high data generalizability.

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We assume that the representative consumer's preferences exhibit the properties that
LenaWriter [7]

Answer:

c. consumption and leisure are both normal goods and that the consumer likes diversity in his or her consumption bundles.

Explanation:

  • A consumer's preference can determine the consumer utility properties between the different periods and can be measured by the tastes and preference by comparing the opportunity costs of that one item when every you buy an item.
  • The consumption and the leisure are both the normal goods hat the consumer likes to have diversity in his consumption patterns and have a utility related to them.
7 0
2 years ago
The Benson Bearing Company sells Textron, Inc. a quantity of baseball bats that were stored in an independent warehouse at the t
polet [3.4K]

Answer:

at the time it receives a negotiable warehouse receipt for the bats.

Explanation:

Benson Bearing Company is selling bats to Textron inc. The bats are stored at an independent warehouse not controlled by Benson Company.

Of the contract states that Textron will pick up the bats at the warehouse, the risk of loss passes to Textron when it recieved a negotiable warehouse reciept for the bats.

This is because the warehouse is not controlled by Benson Company and issuing a warehouse reciept is equivalent to delivering the goods to Textron.

7 0
3 years ago
Go Fly A Kite is considering making and selling custom kites in two sizes. The small kites would be priced at $10.70 and the lar
ivanzaharov [21]

Answer:

Operating cash flow = $20,990

Explanation:

                                             Go Fly A Kite

                                    Operating Cash Flow

                                        small kites          large kites         Total  

Sales Volume                     2,700                  1,730             4,430

Sales per unit                    $10.70                $23.70             -

Sales Revenue               $28,890              $41,001           $69,891

<u>Less: Variable expense $(13,905)            $(19,549)        $(33,454)  </u>

Contribution Margin        $14,985              $21,452         $36,437

Less: Fixed expense                                                         $(2,120)

Net operating income                                                       $34,317

Therefore, operating cash flow = net operating income after tax + depreciation

operating cash flow = $34,317 × (1 - 0.40) + ($1,000 × 0.40)

Hence, operating cash flow = $20,590 + 400 = $20,990

3 0
2 years ago
Suppose Natasha currently makes $50,000 per year working as a manager at a cable TV company. For the soap making opportunity she
valina [46]

Answer:

She should quit her job, become an entrepreneur and  choose the soap making for the highest profit/ income of $70,000

Explanation:

Step 1: Calculate Natasha's annual profit if she should start the soap business

The annual profit from Soap Business = Annual Revenue - Costs for the year

The annual profit = $465,000- $395,000 = $70,000

Step 2: Calculate Natasha's annual profit if she should start the internet opportunity she anticipates

The annual profit for the internet business = Annual Revenue - Costs for the year

= $3,275,000 - $3,250,000= $25,000

Since she is to make a choice between three options,

1. Manager Job per year = $50,000

2. Soap Making= $70,000

3. Internet Opportunity= $25,000

Then she should quit her job, become an entrepreneur and  choose the soap making for the highest profit of $70,000

7 0
3 years ago
when ronald takes anohter economics class, other prople in society benefit. the penefit to these other people is called the
ladessa [460]

Explanation:

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7 0
1 year ago
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