Answer: The answer is 6.68%
Explanation:
Using the z value formula
Z = x - mean / standard deviation
x = $47,500
Mean = $40,000
Standard deviation = $5,000
= 47,500 - 40,000 / 5,000
= 7,500 / 5,000
= 1.5
Then we look for z value of 1.5 to the left of normal distribution table because the probability is at least
The z value is 0.0668
0.0668 × 100
= 6.68%
Therefore the probability that an individual with an MBA degree will get a starting salary of at least $47,500 is 6.68%
In an equipment replacement decision, the cost of the old equipment is called Bsunk cost.
Answer:
Customers
Explanation:
The goal of integrated marketing communications is to revamp the traditional marketing approach by encouraging cohesion and synchronicity among the various modes of communication used by businesses to reach consumers/customers.
Hiya! hollandaise sauce mostly contains equal parts of egg yolk and butter.
Answer:
B). Response bias
D). The interviewer should reword the question.
Explanation:
Response bias is described as the type of bias in which a variety of tendencies are displayed by the respondents to answer the questions asked in the survey inaccurately or misleadingly. These false responses eventually lead to a false or deceiving conclusion. In the given survey, 'response bias' is displayed as the respondents may display a tendency to answer the question falsely as the feeling of 'patriotism' evoked by the word 'patriotic' may prevent their original opinions to come out. Thus, <u>option B</u> is the correct answer to describe the bias in this survey.
In order to prevent this bias, the interviewer must 'reword the question' and remove the word 'patriotic' as it develops the feeling of patriotism in the respondents which mars them from answering accurately and share their true opinions or thoughts in the regards of 'supporting armed forces.' This rewording will help evoke the true and authentic responses without any bias. Thus, <u>option D</u> is the correct answer to remedy the bias.
