A cable company, based on a survey of its customers, reports that 48% of all the television audience watch Larry King Live daily. Is this an example of descriptive or inferential statistics?

What will be an ideal response?

Inferential statistics

Business

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What kind of life insurance policy covers two or more people with the death benefit payable upon the last person's death?

A) Dual Life insurance B) Joint Life insurance C) Last Survivor Life insurance D) Shared Life insurance

Business

A price-off program:

A) is effective for individuals that have a high degree of brand loyalty to a competing brand B) has little impact on sales C) usually boosts sales, but it can hurt profits D) decreases price sensitivity over time

Business