Data for a particular subdivision near downtown Houston indicate that the average price per square foot for a home is $100 with a standard deviation of $5 (normally distributed)

What is the probability that the average price per square foot for a home is greater than $110?
A) 0
B) 0.023
C) 0.841
D) 0.977
E) None of the above

B

Business

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A major responsibility of staff specialists is to ensure that lessons learned in more advanced markets are applied to the management of their products in smaller, less developed markets

Indicate whether the statement is true or false

Business

Consumer research conducted in Mexico and Saudi Arabia used different sampling techniques for the same study

In Mexico, ________ was used by having experts identify neighborhoods where the target respondents lived; homes were then randomly selected for interviews. In Saudi Arabia, ________ employing the snowball procedure was used because there were no lists from which sampling frames could be drawn and social customs prohibited spontaneous personal interviews. A) systematic sampling; convenience sampling B) systematic sampling; quota sampling C) judgmental sampling; convenience sampling D) quota sampling; judgmental sampling

Business