Extended warranties are typically only available on new cars

Indicate whether the statement is true or false

False

Business

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When a customer raises a valid objection that cannot be answered with a denial, the salesperson should most likely take which of the following actions?

A) discuss superior benefits B) engage in back-pedaling C) begin a pricing approach D) re-start the presentation E) criticize the competition

Business

A 95% confidence interval is (54.5, 57.5) based on a sample size of 25. What is the sample standard deviation?

Two hundred simulation runs were completed using the probability of a machine breakdown from the table below. The average number of breakdowns from the simulation trials was 1.93 with a standard deviation of 0.20. No. of breakdowns per week Probability Cumulative probability 0 .10 .10 1 .25 .35 2 .36 .71 3 .22 .93 4 .07 1.00 A) 3.826 B) 19.132 C) 8.973 D) 11.646

Business