Panel data's advantages over survey data include all of the following EXCEPT:
A) changes in brand loyalty can be measured.
B) more committed respondents give more accurate information.
C) recall errors are eliminated when panelists record information at the time of purchase.
D) human errors are eliminated if electronic devices are used.
E) minorities and low-education groups are most always represented in sufficient numbers among purchase panel respondents.
E
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A residential neighborhood suffers economic obsolescence from which of the following?
a. Functional inadequacies. b. Airplanes landing at a nearby local airport. c. Physical wear and tear. d. Obsolete heating and cooling systems.
Which of the following statements is true of alternative dispute resolution?
A) Parties using alternative dispute resolution are likely to face adverse publicity. B) Alternative dispute resolution is generally more expensive than litigation. C) Alternative dispute resolution generally leads to loss of confidentiality and trade secrets. D) Alternative dispute resolution methods are less time-consuming, and the formal-hearing times and places can be set to accommodate the parties.