Demand Is Estimated to Be 800 Units

question 33

Multiple Choice

Demand is estimated to be 800 units.If Z is taken to be 1.5, when the estimated average demand is 400 units, determine σ for these data.

• A)71,111
• B)-71,111
• C)266
• D)-266

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Definitions:

Respondent Behavior

A type of behavior that occurs in response to a specific stimulus without conscious intention, often as a result of conditioning.

Observational Learning

The process of acquiring knowledge or skills by watching and imitating others.

Disinhibition

The reduction of restraint or inhibition, leading to the expression of behaviors normally kept under control.

Anonymity

The condition of being anonymous; lacking identifiable characteristics.