The range into which the true population parameter will fall, assuming a given level of confidence, is called the ________

Penetration pricing means charging a relatively low price for a product as a way to reach the mass market. The low price is designed to capture a large share of a substantial market. Thus, which of the following BEST describes penetration pricing in this case?

a. It tends to lower production costs. b. It recoups product development costs quickly. c. It tempts competitors to enter the market. d. It provides a large profit per unit sold.

The bailee of a bailment for the sole benefit of the bailee owes a duty of great care to protect the

bailed property. Indicate whether the statement is true or false