The price of the good or service is a key decision for a marketer because it most significantly and directly affects which of the following?

a. the product's promotion
b. the product's distribution
c. the product's demand
d. the product's quality

Ans: c. the product's demand

Business

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In a standard normal distribution, the probability that Z is greater than zero is

a. 0.5. b. equal to 1. c. at least 0.5. d. 1.96.

Business

For a given level of significance, if the sample size is increased, the probability of committing a Type I error will decrease

Indicate whether the statement is true or false

Business