Answer:
Opinion Leader.
Explanation:
Opinion Leader: They can be individual or organization who has the ability to influence people´s choices, belief, etc, They are expert and have a vast knowledge of the specific domain. They have built credibility over the period of time by their work. These individuals can be from any field or department.
In the given case, Olivia is intelligent and outgoing leader. Students in the marketing degree program look for her advice in the range of academic and professional issues. Therefore, it is evident that she is expert in her field and she is an opinion leader.
Answer: a) 0.04667544
b) 0.01129221
c) 0.98870779
Explanation:
Binomial probability formula :-
, where P(x) is the probability of getting success in x trials, n is the total number of trials and p is the probability of getting success in each trial.
Given : The probability of households say they would feel secure if they had $50,000 in savings = 0.30
Total number of households selected = 8
a) The probability that the number that say they would feel secure is exactly five will be :-
b) The probability that the number that say they would feel secure is more than five :-
c) The probability that the number that say they would feel secure is at most five :-
Answer: <em>True</em>
Explanation:
<em>Quality assurance is assuring the customer that the product will work and that they will even offer a warranty if it some how breaks for free.</em>