Demographics are significant because they facilitate the study of people's purchasing power and educational attainment

Indicate whether the statement is true or false
a. True
b. False

ANSWER: False

Demography is the study of people's vital statistics, such as age, race and ethnicity, and location.

Business

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When it comes to determining the strength of a statistically significant correlation coefficient, there are rules of thumb. For example, .81 to 1.00 is considered "weak."

Indicate whether the statement is true or false

Business

The principle of diminishing marginal satisfaction means the more you consume, the less your total satisfaction

Indicate whether the statement is true or false.

Business