One type of media-related information about markets is the broadcast coverage area for television, which is called a(n) ________ and is referred to by the name of the largest city in the area

A) metropolitan statistical area (MSA)
B) area of influence (AOI)
C) designated marketing area (DMA)
D) metropolitan marketing area (MMA)
E) designated commerce area (DCA)

C

Business

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The average board of directors has five members and this has not changed for many years.

a. true b. false

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For air travelers, one of the biggest complaints is of the waiting time between when the airplane taxis away from the terminal until the flight takes off. This waiting time is known to have a right skewed distribution with a mean of 10 minutes and a standard deviation of 8 minutes. Suppose 100 flights have been randomly sampled. Describe the sampling distribution of the mean waiting time between

when the airplane taxis away from the terminal until the flight takes off for these 100 flights. A) Distribution is right skewed with mean = 10 minutes and standard error = 0.8 minutes. B) Distribution is approximately normal with mean = 10 minutes and standard error = 0.8 minutes. C) Distribution is approximately normal with mean = 10 minutes and standard error = 8 minutes. D) Distribution is right skewed with mean = 10 minutes and standard error = 8 minutes.

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