being purchased. For instances, low-cost items are purchased with routine response behavior and very little search or decision-making, but expensive, seldom-purchased items call for extended research and decision making.
Fill in the blank(s) with the appropriate word(s).
Consumer buying behavior
Business
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A toy store owner hypothesizes, at the 95% level of confidence, that parents spend less than $100 on toys per visit to her store. A sample is taken and the hypothesis test shows a z value of -1.65. We:
A) accept the hypothesis B) do not support the hypothesis C) accept the alternative hypothesis D) fail to support the hypothesis E) none of the above; we do not have sufficient information
Business
You can decrease average annual depreciation on a car by reducing the holding period
Indicate whether the statement is true or false.
Business