A Marketing Firm Is Studying Consumer Preferences for Winter Fashions

question 19

Multiple Choice

A marketing firm is studying consumer preferences for winter fashions in four different months. From a population of women, 18-21 years of age, a random sample of 100 women was selected in January. Another random sample of 100 women was selected in March. Another random sample of 100 women was selected in June. Another random sample of 100 women was selected in September.

• A) The sample size was 4.
• B) The sample size was 100.
• C) The sample size was 400.
• D) The sample size was 1.

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Definitions:

Nations

Large groups of people united by common descent, history, culture, or language, inhabiting a particular country or territory.

Domestic Price

The price of goods or services within a country's borders, as opposed to international or foreign prices.

World Price

The international market price of a good or service, determined by global supply and demand, that influences local market prices and trade policies.

Export

The process of selling goods or services produced in one country to other countries.