Recall the Rule of Thumb Used to Indicate When the Normal

question 7

True/False

Recall the rule of thumb used to indicate when the normal distribution is a good approximation to the sampling distribution for the sample proportion $\hat { p }$ . For the combination n = 50; p = 0.05, the rule is satisfied.

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Definitions:

Personal Selling Process

A direct marketing approach that involves face-to-face interaction between a salesperson and a potential customer aimed at making a sale and building customer relationships.

Business Reply Card

A pre-addressed and prepaid postcard or form included with a mailing, allowing the recipient to respond easily to the sender.

Stimulus-Response Selling

A sales technique based on the premise that specific stimuli can elicit predictable responses from customers, guiding them towards a purchase.

Cold Canvassing

A sales technique involving unsolicited contact with potential customers who had no prior interaction with the salesperson.