A Survey Asked 32,901 Homeowners How Many Pets They Owned

question 73

Multiple Choice

A survey asked 32,901 homeowners how many pets they owned. The results were as follc
$\begin{array}{cc}\hline \text { Number of Pets } & \text { Number of Homeowners } \\\hline 0 & 6316 \\1 & 9709 \\2 & 9627 \\3 & 6618 \\4 \text { or more } & 631 \\\hline \text { Total } & 32,901\end{array}$
Assume this is a simple random sample of homeowners. Use the Empirical Method to estimate the probability that a homeowner has at least one pet. wed:

• A) 0.762
• B) 0.808
• C) 0.192
• D) 0.238

Acknowledge the significance of human resources in the acquisition or sale of a business.

Identify key physical assets for valuation in business transactions.

Differentiate between tangible and intangible assets.

Recognize best practices and guidelines for success in family businesses.

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Definitions:

Secondary Reinforcer

A stimulus that becomes reinforcing through its association with a primary reinforcer, such as money earning its value through its exchange for food or other needs.

Primary Reinforcer

A stimulus that is naturally rewarding and satisfying, such as food or water, which does not require learning to become desirable.

Negative Reinforcement

A process in behavioral psychology where a response is strengthened because it is followed by the removal of an unpleasant stimulus.

Punishment

A method of behavior modification that involves the application of undesirable consequences in order to reduce the occurrence of a particular behavior.