If We Know the Level of Confidence (1

question 39

Multiple Choice

If we know the level of confidence (1.96 for 95 percent) ,variability estimates,and the size of a sample,there is a formula that allows us to determine:

• A)the costs of the sample.
• B)the size of the sample.
• C)the representativeness of the sample.
• D)p or q.
• E)the accuracy (sample error).

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Definitions:

Multi-Level Marketing

A direct sales strategy where individuals sell products and recruit others to sell, earning commissions from their sales and the sales of the team they recruit.

Loyalty Selling

A sales strategy focused on creating and maintaining long-term relationships with customers to encourage repeat business.

Personal Relationship

A connection between individuals based on emotional or social bonds, often characterized by mutual respect, understanding, and communication.

Personal Selling

A direct marketing approach where individual salespeople reach out to potential customers through face-to-face meetings, calls, or personalized messages.