Each Customer Entering a Department Store Will Either Buy or Not

question 96

Multiple Choice

Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 3 customers and determining whether or not they purchase any merchandise. The number of sample points in this experiment is

• A)2
• B)4
• C)6
• D)8

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Definitions:

Return on Time Invested

Return on Time Invested (ROTI) is a measure of the value or benefits gained from the time spent on a particular activity, assessing efficiency and effectiveness.

Time Management Skills

The skill of managing one's time efficiently and being productive, particularly in a professional setting.

Productive Number of Sales Calls

The quantity of sales calls that effectively lead to a desired outcome, such as generating a lead or closing a sale.

Relationship Network

A web of personal and professional contacts that can provide support, information, and opportunities for individuals or businesses.