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rusak2 [61]
4 years ago
10

A consumer research study conducted by Visual Effects Inc. analyzes factors, such as age, income, and stage of family life cycle

, predicting a consumer's likelihood to purchase a 3-D television. Data was collected from 3,000 consumers using a structured questionnaire. Which type of research does this represent?
Business
1 answer:
Lady bird [3.3K]4 years ago
4 0

Answer:

Quantitative Research

Explanation:

It is quantitative research because the research is using numerical variables (age, income, stage of a family life cycle) to find a numerical property that is relevant to consumer behaviour (the probability of purchasing a 3D television).

Probability is measured in numerical value and is the focus of many consumer quantitative studies.

You might be interested in
Horses cost $10, pigs cost $3, and rabbits are only $0.50. A farmer buys 100 animals for $100, How many of each animal did he bu
VMariaS [17]

Answer:

The correct answer to the following question is that there are 5 horses, 1 pig and 94 rabbits.

Explanation:

Given information -

Horses cost = $10

Pigs = $3

Rabbits = $.50

There are total of 100 animals, which are bought for $100 in total.

So by using simple equations we can solve this problem,

where let number of horses be x

number of pigs be y

number of rabbits be z

so the first equation that we can make by using given information is -

x + y + z = 100 (total of 100 animals bought )  _ _ equation 1

10 x + 3 y + .5 z = $100 _ _ equation 2

Now multiplying equation 2 by 2 and then subtract that from equation 1

(10 x + 3 y + .5 z = $100) x 2

= 20 x + 6 y + z = $200  _ _ equation 3

Now subtracting equation 3 from 1 -

20 x + 6 y + z = $200

          -

x + y + z = 100

19 x + 5 y = 100

Here 19 x and 5 y have to be a multiple of 5 ( where x and y are integers ), therefore the only possible value of x here can be 5 and if the value of x =5 , then the value of y will be equal to 1,

19 x 5 + 5 x 1 = 100

Now putting the value of x and y in equation 2,

10 x 5 + 3 x 1 + .5 x z = $100

50 + 3 + .5 z = 100

.5 z = 47 ( 100 - 53 )

z = 47 / .5

z = 94

4 0
3 years ago
Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0
4 years ago
Evidence-based HR refers to the practice of initiating disciplinary action against employees only in the presence of clear and d
NeTakaya

Answer:

This statement is False.

Explanation:

<u>Evidence-based Human Resources</u> is the practice of evaluating decisions based on real data, experience, research and/or expert opinions in order to obtain the best outcome from such decision. It consists of gathering all reliable and related sources of information regarding a specific situation to analyze it and make an informed decision. Of course, this does not mean that there will not be any mistakes, but <u>Evidence-based HR</u> helps in getting rid of biases and assumptions that affect decision-making.

7 0
3 years ago
What was real per capita GDP in 1933 measured in 2008 prices? (Use the data in the table below and a price index of 100/1400 to
Artist 52 [7]
There is some information in the table that is not needed in this problem. To find real per capita GDP in 1933 measured in 2008 prices, just multiply Nominal per capita GDP in 1933 by how many times expensive the prices are in 2008 than they were in 1933. The solution is $444 x 14 = $6,216. So, the answer is $6,216.
7 0
3 years ago
____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c
solong [7]

Answer:

  • Sacred consumption
  • Profane consumption

Explanation:

This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.

Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.  

6 0
4 years ago
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