Answer:
Anchoring
Step-by-step explanation:
Price anchoring is when potential buying rely on first price information about the commodity to buy. Price anchoring is used to create a price reference point when making decision as compare to old price. It also gives customers perception of future price.
Answer:
V
Step-by-step explanation:
Five (5) in roman numerals would be V
Answer:
A certain company makes 12-volt car batteries. After many years of product testing, the company knows that the average life of a battery is normally distributed, with a mean of 50 months and a standard deviation of 9 months. If the company does not want to make refunds for more than 10% of its batteries under the full-refund guarantee policy, for how long should the company guarantee the batteries?
The company should guarantee the batteries for 38 months.
Step-by-step explanation:
Using standard normal table,
P(Z < z) = 10%
=(Z < z) = 0.10
= P(Z <- 1.28 ) = 0.10
z = -1.28
Using z-score formula
x = zσ + μ
x = -1.28 *9+50
x = 38
Therefore, the company should guarantee the batteries for 38 months.
The last name I am pretty sure of it.
Answer:
f(-3) =16
Step-by-step explanation:
f(x) = -5x + 1
f(-3) means let x=-3
Substituting x=-3 into the equation
f(-3) = -5 (-3) +1
Multiplying -5 and -3
f(-3) = 15+1
f(-3) =16
