"Do You Know That You Could Save Almost $100 If

question 38

Multiple Choice

"Do you know that you could save almost $100 if you purchase your airplane tickets through Global Vision Travel Agency?" asked the travel agent to the young couple planning their honeymoon trip to Europe.What kind of an approach was the travel agent using?

• A) Product
• B) Customer benefit
• C) Premium
• D) Demonstration
• E) Complimentary

---

Definitions:

Mean

The average of a set of numbers, calculated by dividing the sum of these numbers by the count of the numbers in the set.

Binomial Distribution

A probability distribution that summarizes the likelihood that a value will take one of two independent states under a given number of trials.

Without Replacement

A sampling method where each selected unit or item is not returned to the pool of potential selections for subsequent draws.

Finite Population

A set of elements or observations that is fixed and countable, often contrasted with an infinite population in statistical analysis.