Calculate the sample proportion (198 yes responses out of 316).
We want to test against a sample size of n = 2200 daily passengers.
In order to use the normal distribution, we should satisfy
2200*0.6266 = 1378.5
2200*(1-0.6266) = 821.5
We may use the normal distribution.
Let us use a 95% confidence interval.
The estimate for the population proportion is
where z* = 1.96 at the 95% confidence level.
Therefore
p = 0.6266 +/-0.0202 = (0.6064, 0.6468)
Answer:
At the 95% confidence level, about 60% to 64% of regular passengers will buy snacks on the train.
Answer:
The correct answer is Contrast and repetition.
Explanation:
Contrast: it has to do with sensory stimuli that allow highlighting elements or areas in a composition through the opposition or difference between them, that is, in a graphic design, a contrast is generated when there is a notable difference between two elements.
Repeat: the repetition is nothing more than identical identical forms that appear more than once in the design, that is to say, it would be a question of using the same element several times and distributed throughout the composition.
It is very important to resort to repetition especially when we are designing a graphic product that consists of several pages (catalog, magazine, etc.).
The repetition gives unity to the whole design, consistency and cohesion. Sometimes even on single page products, such as a diptych or triptych, it gives the feeling of continuity and that everything is "well tied". However, it should not be exceeded in its use. Repeating one or two graphic patterns is fine, but after three it would not be correct.
Answer:
$265 billion
Explanation:
The computation of the GDP in year 2 is shown below:
= GDP in year 1 + increase in the business inventories
= $250 billion + $15 billion
= $265 billion
We simply added the GDP in year 1 with the increase in the business inventories so that the GDP in year 2 could come
This is an example of reverse innovation.
<h3><u>
Explanation:</u></h3>
Reverse innovation is the process by which the goods are produced as an inexpensive model for the purpose of meeting the requirements of the nations. It is an important phenomenon for the GDP growth of any nation. It also gives an opportunity for learning by engineering students.
In the given example, Unilever found that people in the emrging econmies will not affod buying toothpastes or shampoos of standard size and hence they decided sell single serve packets at lower prices. It also worked in U.S too. This is an example of Reverse Innovation.
<span>Firms using the Harvesting approach during the decline stage of the product life cycle will gradually reduce marketing expenditures and use a less resource-intensive marketing mix.
In business, harvesting approach is a practice to exploit as much profit as possible from a certain company's product before it pulled out from the market. Usually being done because the firms want to replace the product with a newer one.</span>
